Save our Students from Poverty Act
Student loans are federally subsidized, interest rates have risen three fold as a result of the changes in the last decade. There is no excuse for charging students and their parents rates higher than what we charge banks.
Lower the interest rate to 1/4% or lower. Allow Americans a way to invest in the future through education without it securing a debt spiral that reduces funds needed to stimulate the economy.
This bill will ensure student loans don't hold young people back and will push hundreds of millions into the economy.
Write this bill ... it will stimulate, educate and inspire young Americans there is hope and a path to prosperity.