DemocracyRules.org - Pledging Issues
Pledging
These are the original issues in this subcategory
  • CREDIT CARD FEES
  • OVERDRAFT FEES
  • STUDENT LOANS
Winning Issue » STUDENT LOANS


It is estimated that for every dollar our government makes available for student loans such as Stafford loans and Pell grants, colleges and universities raise their tuitions sixty cents. These schools are not building new classrooms or hiring more teachers, they raise tuitions just because they can. The worst offenders are private colleges with high tuition and admission rates, although some of these schools also increase their student financial aid programs. More than 40 million Americans now collectively owe more than $1.5 trillion in student loan debt, preventing many from buying homes or starting families. Student loans are not forgivable in bankruptcy proceedings unless a borrower can prove repayment would impose undue hardship on them and their dependents.


Pending Legislation: H.R.1918 - Student Loan Refinancing and Recalculation Act
Sponsor: Rep. John Garamendi (CA)
Status: House Committee on Education and Labor
Chair: Rep. Bobby Scott (VA)





Polling Options

  • I oppose reforming current student loan policy and wish to donate resources to the campaign committee of Speaker Nancy Pelosi (CA).
  • I support: 1.) Establishing a program to refinance the outstanding principal, interest and late charges on federal student loans in order to give borrowers fixed interest rates equal to the 10-year Treasury note rate plus one percentage point. 2.) Eliminating origination fees on these loans. 3.) Allowing borrowers in medical or dental internship or residency programs to defer student loan payments until the completion of their programs. And wish to donate resources to the campaign committee of Rep. Bobby Scott (VA) and/or to an advocate group currently working with this issue.


Winning Option

  • I support:
    1.) Establishing a program to refinance the outstanding principal, interest and late charges on federal student loans in order to give borrowers fixed interest rates equal to the 10-year Treasury note rate plus one percentage point.

    2.) Eliminating origination fees on these loans.

    3.) Allowing borrowers in medical or dental internship or residency programs to defer student loan payments until the completion of their programs.

    And wish to donate resources to the campaign committee of Rep. Bobby Scott (VA) and/or to an advocate group currently working with this issue.
You May Pledge Your Support For This Issue With A Monetary
Donation And By Writing A Letter To Your Representatives
Please login to pledge


Pledge Period - Opening Date
January 24, 2022
Pledge Period - Closing Date
January 30, 2022
Trustee Election - Begins
January 31, 2022


Suggest a Trustee for this Presentation Cycle


Suggest a worthy trustee for consideration before Day 16 of this presentation cycle. (Maximum 60 Characters)
Trustee Name