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assist families with overwhelming STUDENT LOAN DEBT and cap the payment amounts at a reasonable % of income.

Created by M.H. on April 28, 2013

Citizens are facing crushing student loan debts! There are a dozen different kinds of student loans with the same number of payback options that no one can understand. Call for assistance, and you'll get a different answer every time.

For many loans, the current interest rate is almost 8%. If you cannot pay, your wages can be garnished. Even your Social Security income is not safe.

There should be a cap on how much of your income can be required for student loan repayment. As it sits, you can end up paying 50% or more of your income towards student loan debt.

The lesson here? Education really is only for the wealthy.

Economy & Jobs
Education
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