student loan justice.org

1,723 supporters

Our mission is to compel Congress to return standard consumer protections to student loans.

Started 1 petition

Petitioning Donald J. Trump, Nancy Pelosi, Mitch McConnell

Return Bankruptcy Rights to All Student Loans: PASS HR. 770

The Founding Fathers called for uniform bankruptcy laws ahead of the power to declare war, raise an army, and coin currency when they gave Congress its powers in Article 1, Section 8 of the Constitution.  This right, however, has been stripped uniquely from student loans.  The results have been disastrous.  The lending system has turned predatory, the federal government now makes obscene profits on the backs of the students, and the colleges have raised their prices recklessly.  This is ruining the lives of tens of millions of people.  People are now being forced off the grid en masse.  Some are fleeing the country.  Others are committing suicide.  All feel the predatory weight of this viciously predatory lending system on their backs.  These people vote. This cannot continue.  We are asking President Trump to immediately issue an executive order instructing the Department of Education and its contractors to not challenge bankruptcy filers on student loans in court.  We are asking Congress to immediately repeal 11 USC 523(a)(8) by passing HR. 770, a REPUBLICAN-sponsored bill that does precisely this. The Founding Fathers saw how predatory lending could be used to conquer and enslave a country.  The student loan example proves their wisdom in spades.   Please go to StudentLoanJustice.Org to find out more.     

student loan justice.org
1,723 supporters