Act Now and Become an Agent of Change!

Help us stop a demanding Congress from destroying competition and reducing access to student loans. Don’t let Congress sacrifice the service and savings that the private lenders provide by imposing a STUDENT LOAN TAX on student loans.

We are opposed to the College Student Relief Act of 2007 because it hurts the people it says it protects…the students! The proposed student loan legislation STEALS THOUSANDS FROM STUDENTS. Currently, college students are graduating with an average debt of $20,000…if the proposed legislation becomes law, those students will pay approximately $4,854.80 MORE on their student loans.

Take a Minute to Make a Difference:
Show your support for college students and their families by reaching out to your senators and asking them to oppose the new student loan legislation. You can find ALL the information you need to contact your senators right here: call your senators, send your senators an email, download a letter to fax to your senators, become part of our petition and help your friends find out the truth about the proposed student loan legislation.

The Facts About the New Student Loan Legislation:
• This legislation is a political gimmick! Nothing more than a “good sound-bite.” It DOES NOT deliver on its promise to save students money.

• On January 2, 2012, the interest rate returns back to 6.8 percent, making the promised $4,400 in savings IMPOSSIBLE TO ACHIEVE.

• There is NO GUARANTEE that the subsidies the legislation proposes to stop paying FEELP Loan providers will go back to support scholarships and education.

• It fails to help students gain access to college. Not one additional student will be able to attend college because of this legislation.

• It fails to address the rising costs of college tuition.

• It steals interest rate reductions from the majority of students.

• It robs students of superior customer service from lenders and loan servicers.

• It cheats students out of discounts and incentives from leaders.

• Lending Companies give students interest rate reductions- the Direct Loan Program DOES NOT.

• It forces schools to leave the FEELP program in favor of the federal governments Direct Lending program, which costs students and taxpayers. Currently, 80% of America’s colleges and universities choose to work with FFELP because it delivers better service and more choices to their students than the Direct Loan Program.

• It costs taxpayers money. The Direct Lending Program has lost taxpayer money every year since 1997, totally $16 BILLION.

• The Direct Lending Program has added to NATIONAL DEBT- it’s borrowed $105 billion, but has only $89 billion to repay the money.

We are opposed to the proposed student loan legislation and middle class families should be too! The government is taking money out of YOUR POCKET.

It only takes one minute to make a difference: call your senators, send your senators an email, download a letter to fax to your senators, become part of our petition and help your friends find out the truth about the proposed student loan legislation.