Student loan debt among young adults will cause the next financial crisis in the United States. People graduating with tens of thousands of dollars in Student loan debt will not be active consumers in our capitalist society, ultimately reducing demand for new housing, automobiles, and technology. The middle class will shrink and possibly disappear, leaving few consumers to feed an economy in desperate need of new strength and stability.
This petition will demand awareness of the student loan debt crisis as the most pressing problem facing the future of the American economy. It will give struggling graduates a voice as the most diverse and influential population in the United States and it will empower our government to help our entire economy by promoting education and the middle class.