The U.S. Senate: Pass the Fairness for Struggling Students Act of 2013
  • Petitioned Congress

This petition was delivered to:

Congress
U.S. House of Representatives
U.S. Senate

The U.S. Senate: Pass the Fairness for Struggling Students Act of 2013

    1. Steve Rhode
    2. Petition by

      Steve Rhode

      Wake Forest, NC

So many people are stuck in a bottomless pit when it comes to private student loans. After a change by Congress in 2005, private student laons are no longer dischargeable in bankruptcy. - Source

Today, private student loan lenders make little real opportunities available for borrowers to have any hope of ever repaying their private student loans.

Many readers of the GetOutOfDebt.org website have shared stories that both suicide and leaving the country are options that seem reasonable.

Private student loans should have income based repayment options just like government backed loans. We need to find a solution to this problem or generations of students will be locked in a financial hell facing administrative wage garnishments, massive penalties and fees they will never repay in their lifetime.

Student with private student loans need real answers and solutions and not have to turn to suicide and hopelessness as their only options to deal with their private student loan debt. The Fairness for Struggling Students Act should be passed.

This is an American tragedy in the making.

Recent signatures

    News

    1. Reached 750 signatures

    Supporters

    Reasons for signing

    • Kyrie Gibson NASHVILLE, TN
      • 3 months ago

      Because living with this debt makes me wish I was hit by a train.

      REPORT THIS COMMENT:
    • Lindsey Davis GREENWOOD VILLAGE, CO
      • 3 months ago

      This only fair way is to have income based repayment plans. I have private student loans and am a tax paying citizens.Struggling students should be priority not corporation bale outs.

      REPORT THIS COMMENT:
    • renee sa VERMILION, OH
      • 3 months ago

      leaves graduates and parents with no options causing undo stress and anxiety. private student loans leave graduates with a loss of interest to pay them back because no one is willing to work with them and interest rates cause the payments to go through the roof. Being trapped in a box with no way out is causing the future generation to become hopeless.it is really I sad sad situation.

      REPORT THIS COMMENT:
    • Jason Smith WEST COLUMBIA, SC
      • 3 months ago

      The US government who ultimately mandates course curriculum has allowed high schools all over the country to teach teenagers that college is worth the investment at all costs. That same US government considers student loans to be secured debt. It sounds like people are being brainwashed before reaching adulthood and then spending the rest of their lives suffering for the decision that they were pressured into making.

      REPORT THIS COMMENT:
    • Cain Turner CINCINNATI, OH
      • 4 months ago

      I HAVE A LOT OF DEBT

      REPORT THIS COMMENT:

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