The bailout banks are at it again, and if we don't act soon, we risk a crisis in our education industry. Thousands of students around the country struggle under student loan debt because of the useless role played by private lenders. By tacking on useless fees and charging high interest rates, these bankers are getting rich while schools threaten to remain closed and attendance rates drop.
Call your Senators to see how they feel about student loan reform and direct student lending.
My name is _____ and I'm a constituent of Senator _______.
I'm calling to hear about Senator __________'s views on student loan reform and direct student lending.
With the student riots in California over budget cuts and tuition hikes, it's crucial that we find a solution as soon as possible.
President Obama proposed, and the House passed, the Student Aid and Fiscal Responsibility Act, which would allow the government to facilitate direct student lending without a private lender who would charge fees and interest on top of loan payments. It's time we reign in the big lenders before we have another crisis on our hands.
One of the biggest dangers to passing this legislation is the compromise introduced by Sallie Mae that still reserves a substantial chunk of student money for their profits. This bill does not go far enough; we need to do more and do it quickly.
Will Senator __________ oppose the Sallie Mae compromise?