Cap Student Loan Payments: Help Young People Jumpstart the Economy

Cap Student Loan Payments: Help Young People Jumpstart the Economy

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Student loan debt has skyrocketed, and is likely to top $1 trillion this year, with the average student leaving college $24,000 in debt. And the college degree and student loan debt isn’t leading to a good job. Over 22% of people under the age of 25 are unemployed and 22% are working in jobs that don’t require a college degree.

As a result, a recent Pew study found in 2009, households headed by adults younger than 35 had 68% less wealth than households of their same-aged counterparts had in 1984. If young people are the future of our economy, how can we recover if they are saddled by student loan debt and unemployment?

In a consumer-driven economy, we can give young people the power to jumpstart our economy by capping student loan payments. By putting money back in their pockets and ease the burden on crippling student loans, young people can help contribute to America’s economic recovery.

Sign the petition in support of policies capping student loan payments to give young people the power to jumpstart America’s economy.

polices capping student loan payments to give young people the power to jumpstart America's economy.

By putting money back in their pockets and ease the burden on crippling student loans, young people can help contribute to America’s economic recovery.

Sincerely,

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    • Maneesh Pangasa YUMA, AZ
      • over 2 years ago

      I support...

      polices capping student loan payments to give young people the power to jumpstart America's economy.

      By putting money back in their pockets and ease the burden on crippling student loans, young people can help contribute to America’s economic recovery.

      REPORT THIS COMMENT:
    • Debra Edwards CITRUS HEIGHTS, CA
      • almost 3 years ago

      Costs increases are very high, and unknown to us as students and those who have lost a job and want to be retrained can not afford these increases. This issues are unfair to know why increased costs but no help or returns as they is layoffs for teachers or professors. So, who is getting the money ! It seems obvious that the states are not getting the benefits ??

      REPORT THIS COMMENT:
    • Mary McBride CEDAR RAPIDS, IA
      • almost 3 years ago

      Forgiving or reducing student loan debt will give a much need boost to the economy and to students and former students who can't get a job!

      REPORT THIS COMMENT:
    • Rayaonna Sunn SIOUX CITY, IA
      • almost 3 years ago

      Because I know what it is like coming out of college and not finding decent work even with a degree. Most of the jobs didn't require a degree and I had student loans to pay.

      REPORT THIS COMMENT:
    • steve struse ANKENY, IA
      • almost 3 years ago

      It's not just young students it's all people who get new training at any age student loan rates are way to high and banks are agin stealing from the people fo this country young and old alike.

      REPORT THIS COMMENT:

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