To: President Donald Trump, The United States House of Representatives, and The United States Senate

President Obama and Congress: Offer .75% interest loans to all students, plus additional tax refu...

• Federal govt buys outstanding student loans from private lenders.
• Apply the same interest rate to those loans as corporations receive (ala Elizabeth Warren's proposed legislation)
• Offer interest free tax incentives for those borrowers who apply their tax refund directly to their student loan debt.
• Roughly over $55 billion in interest revenue back to the Federal government over a 15 year period.
• My letter to the president: http://www.downen.org/files/federal-student-by-back-loan-plan.php

Why is this important?

I'm starting this petition in order to provide better opportunities for our children's future through the reduction of student loan debt. Additionally, this proposal reduces our national debt by accruing loan interest directly by the federal government (at least $55 billion dollars over 15 years). This loan interest can be used to fund future loans as well as help pay down our national debt.

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