Tell Congress: Support the Student Loan Fairness Act

The email below is from Carli Stevenson, a CREDO activist in Chicago, Illinois. Carli started a petition on org.credoaction.com, where activists can launch their own campaigns for progressive change.

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Support the Student Loan Fairness Act (H.R. 1330).

I started my own campaign on CREDO's new site that allows activists to start their own petitions.

My petition, which is to members of Congress, asks the following:

Support the Student Loan Fairness Act (H.R. 1330), which is common-sense legislation offering a 10-10 repayment plan that would require borrowers to make 10 years of payments on their federal student loans at 10% of their discretionary income, after which the remaining student loan debt would be forgiven. The legislation would also limit interest capitalization to 10% of the original principal.

I graduated from the University of New Hampshire in 2008. Although I am fortunate to have a job doing what I love, I can never pay all my bills in any given month because of the amount of student debt I am in.

I grew up with a single mom, and worked hard to get myself into and through college. I did everything I could to help myself--I went to a state university, applied for scholarships, and worked full time for most of my college career. It took me six years instead of four to graduate because I was working so much. And yet I still graduated with almost $50,000 worth of student debt.

But my story is not unique. There are millions of Americans in the same position as I am. That's why I am asking you to sign this petition to support the Student Loan Fairness Act.

There are many good things in the Student Loan Fairness Act (H.R. 1330) that will help people like me, including capping interest rates on federal student loans at 3.4%, capping monthly payments at 10% of borrowers' discretionary income, and putting limits on interest capitalization. These provisions will help me and millions of other Americans get out from underneath our crushing debt loads. This is good for us and good for the economy.

Click here to learn more and add your name to my petition to members of Congress urging them to support the Student Loan Fairness Act (H.R. 1330).

Thank you for your support.

Carli Stevenson

Sign the petition ►

org.credoaction.com helps activists like you make progressive change and fight regressive policies by creating online petitions. Click here to start a petition today.

This petition was created on org.credoaction.com, a new people-powered platform that allows activists to start and run CREDO-style campaigns.

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