As student loan debt grows beyond $1 Trillion dollar--far outweighing credit card debt--it is imperative that a bill be passed. Not only would it relieve many young people, like myself, of the crushing debt of attending college it would give us the opportunity to achieve the "American Dream." Because of student loan debt many of us fear never being able to get married, own a home or raise children. For many of us, student loan debt eats up 25% or more of monthly incomes which makes saving any money almost impossible.
In addition to the burden placed on young people, there is a burden carried by their families. Many student loan borrowers have had their loans cosigned by parents and/or grandparents who are harassed by private loan and loan collection companies.