To: AARP and The United States Senate
AARP: Support H.R.4170
WE ARE ASKING THE AARP FOR THE FOLLOWING SUPPORT:
• Advocate for us in Washington—let them know how critical this is to seniors and why we need reform.
Tell them to recover any perceived losses from the lenders and keep their hands off our Social Security.
• Educate AARP members and encourage them to sign the following petition: http://signon.org/sign/support-the-student-loan?source=c.tw&r_by=525506
• Advocate for us in Washington—let them know how critical this is to seniors and why we need reform.
Tell them to recover any perceived losses from the lenders and keep their hands off our Social Security.
• Educate AARP members and encourage them to sign the following petition: http://signon.org/sign/support-the-student-loan?source=c.tw&r_by=525506
Why is this important?
March 2012: The Federal Reserve Bank of NY released numbers that many found startling; 36 Billion dollars (4.2%) of our nation’s total student loan debt belongs to Americans 60 and older.
An additional $98 Billion (11.3%) belong to soon-to-be seniors ages 50-59, and those between age 40 and 49 owe $142 Billion (16.4%).
These age groups, who should be planning for, or enjoying retirement, account for 32% of our nations total student loan debt!
Many of these borrowers are, or soon will be, subject to Social Security garnishments!
There is something very wrong with a system that is structured so that, even at these ages, borrowers have not been able to pay off their student loans!
Get the facts about student loan debt at: https://sites.google.com/site/agingwithstudentdebtorg/facts
Learn more about H.R.4170 at: https://sites.google.com/site/agingwithstudentdebtorg/h-r-4170-campaign/h-r-4170-overview
An additional $98 Billion (11.3%) belong to soon-to-be seniors ages 50-59, and those between age 40 and 49 owe $142 Billion (16.4%).
These age groups, who should be planning for, or enjoying retirement, account for 32% of our nations total student loan debt!
Many of these borrowers are, or soon will be, subject to Social Security garnishments!
There is something very wrong with a system that is structured so that, even at these ages, borrowers have not been able to pay off their student loans!
Get the facts about student loan debt at: https://sites.google.com/site/agingwithstudentdebtorg/facts
Learn more about H.R.4170 at: https://sites.google.com/site/agingwithstudentdebtorg/h-r-4170-campaign/h-r-4170-overview