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Convene the U.S. Congress by Invoking Art. 2, Sec. 3 of the U.S. Constitution on the Student Loan Crisis!

Created by J.L. on June 01, 2013

With all the dysfunction in the Congress, the current and recent collegiate graduates in the U.S are increasingly frustrated with the overall job market that has plagued this Country. It's becoming difficult to obtain and maintain a steady job with a steady income to survive in this Land of Opportunity. Unfortunately, with the increase in interest for federal direct Stafford loans -- subsidized or unsubsidized, starting to double to nearly 7% it'll be considered as a stab in the back to the millennial generation. We'd recommend that such is replaced with a fixed interest rate of 3.75% for both subsidized or unsubsidized loans, on a conditional basis guaranteed to the several States, as an Authority, to decrease loan amounts based upon cumulative GPA, attendance, and area of study.

Education
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