Whenever politicians talk about student loans, they never mention getting rid of interest, or even reducing it. Instead, they hit the campaign trail to argue about student loan forgiveness, knowing it will fire people up and keep us distracted from the real issue. Here’s what almost no one talks about:
The government makes more money from student loan interest than it collects from corporate income taxes. In 2017 alone: The U.S. government collected $62 billion from student loan interest
But only collected $41 billion from corporate income taxes Let that sink in. The government profits from our debt. And it’s not just “covering costs” — it’s generating revenue. Here’s how it works: The government borrows money at 1.5–2%
Then lends it to students at rates up to 7% or more
The markup funds government budgets, programs, and spending This system isn’t broken, it’s working exactly as designed. It’s a revenue stream backed by our tax dollars and our future. We demand the following from our elected officials: Refund the interest paid on federal student loans End interest on all new and existing federal student loans immediately This is bigger than debt relief, it’s about stopping a system that profits from struggle. Whether you paid off your loans, still have them, or never borrowed, as a taxpayer, this affects you. Stand with millions of borrowers and taxpayers. Sign this petition and demand real reform.