[Occupymendocino] [Fwd: Petition: Reform our student loan system]

[agnes at mcn.org]

---------------------------- Original Message ----------------------------
Subject: Petition: Reform our student loan system
From:    "Tom Udall" <info at tomudall.com>
Date:    Fri, June 6, 2014 8:22 am
To:      "Agnes Woolsey" <agnes at mcn.org>
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Dear Agnes,

Students graduating from college have a lot to think about. Striking out
on their own for the first time and finding a job and career path is a
daunting experience to say the least.

But for those struggling under the weight of college loans, it's even
tougher. The average student borrower owes around $29,400. And total
student loan debt has tripled in the last decade to more than $1 trillion.

Meanwhile, high interest rates make paying down those debts in a
reasonable time frame next to impossible.

That's why I'm joining with my colleague, Senator Elizabeth Warren, and
other Senate Democrats to reform our student loan system and give
borrowers the option to refinance their loans at a lower rate. Will you
sign our petition?

http://action.tomudall.com/e140606

Student loan debt doesn't just affect borrowers and their families. It has
a ripple effect across our entire economy. The extra money spent paying
down exorbitant interest could be also spent on a car, on a mortgage, or
in their communities.

Giving students the option to refinance their loans, just like a homeowner
or a business is able to, will help students get ahead and provide a much
needed boost to our economy.

I hope you'll join me and my colleagues in support of student loan reform.

http://action.tomudall.com/e140606

Thanks,

Tom
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Paid for by Udall for Us All

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