For years Universities have been gouging students and charging them increasingly large sums to attend their University and obtain a degree. Student loan organizations actively prey on High School seniors going into college who do not know what they are signing up for when they take out these outrageous loans. This debt is crippling our young college graduates who cannot find jobs that give them the ability to pay on their student loans. We urge you to support a bill that would not only outlaw adjustable rare loans to College students, but allocate $500 billion to wipe out nearly half the $1.2 trillion in student loan debt in this country.



