To: Barrack Obama, President,USA., Arne Duncan,Secretary of Education., and William D.Ford Federal Direct Loan Program.
Federal Student Loan Reduction Petition.
Secretary of Education Arne Duncan and President Obama :Authorize the implementation of this Federal Student Loan reduction program that has the borrower paying 25% of their loan in 3-years.The program will payoff the balance of the loan at the end of the 36 monthly payments made by the borrower. Instead of the current 10-25 years for loan pay off, the student loan gets paid off in 3 years allowing for quicker replenishing of the student loan fund.
Why is this important?
GRADUATES!!
( Change is here)
Do you owe federal students loans?
Do you have financial hardship?
Did you graduate from college or vocational school?
Do you need assistance in paying off your student loans?
If your answer is "yes" to all the above, you may qualify.
A revolutionary new program to rescue those experiencing financial\economic hardship in paying off their Federal student loans is being launched. This innovative program is bringing a radical paradigm shift to this student loan repayment problem.
To benefit from this program, there has to be a strong support base from eligible candidates who sign this petition so that it can be implemented.
Features:
Student loan repayment normally takes from 10 to 25 years. The repayment term for the new student loan program is 3 years for all candidates.
The normal repayment term results in twice the original loan amount or more at pay off. The new program has all its participants paying only 25% on a 3 year term. The 75% is paid by the program at the end of the 3 years.
Approximately 37 million Americans owe more than 1 trillion dollars in student loans today. The new program is targeting to enroll less than one half percent of the 37 million who owe student loans. Sign the petition to get on the program eligible list.
This program will only accept applicants once every 3 years. We need as many potential candidates to sign in and support the program implementation so that the program can start helping those in need.
How it works:
The selected candidates for the program pay 25% of their Federal student loan balance in 36- monthly payments. The philanthropic program assistance pays 75% of the Federal student loan balance at the end of the 36 months.
The entire Federal student loan debt is paid off in 3 years. Freedom from student loan debts has never been closer.
Example:
Total student loan debt= $20,000
New student loan- 25% = $5000
3- YR term in monthly payments= $5000\36= Approx $185\ month for 3 YRS.
SIGN PETITION TO SUPPORT PROGRAM IMPLEMENTATION TO START HELPING THOSE WHO NEED THE PROGRAM HELP.
( Change is here)
Do you owe federal students loans?
Do you have financial hardship?
Did you graduate from college or vocational school?
Do you need assistance in paying off your student loans?
If your answer is "yes" to all the above, you may qualify.
A revolutionary new program to rescue those experiencing financial\economic hardship in paying off their Federal student loans is being launched. This innovative program is bringing a radical paradigm shift to this student loan repayment problem.
To benefit from this program, there has to be a strong support base from eligible candidates who sign this petition so that it can be implemented.
Features:
Student loan repayment normally takes from 10 to 25 years. The repayment term for the new student loan program is 3 years for all candidates.
The normal repayment term results in twice the original loan amount or more at pay off. The new program has all its participants paying only 25% on a 3 year term. The 75% is paid by the program at the end of the 3 years.
Approximately 37 million Americans owe more than 1 trillion dollars in student loans today. The new program is targeting to enroll less than one half percent of the 37 million who owe student loans. Sign the petition to get on the program eligible list.
This program will only accept applicants once every 3 years. We need as many potential candidates to sign in and support the program implementation so that the program can start helping those in need.
How it works:
The selected candidates for the program pay 25% of their Federal student loan balance in 36- monthly payments. The philanthropic program assistance pays 75% of the Federal student loan balance at the end of the 36 months.
The entire Federal student loan debt is paid off in 3 years. Freedom from student loan debts has never been closer.
Example:
Total student loan debt= $20,000
New student loan- 25% = $5000
3- YR term in monthly payments= $5000\36= Approx $185\ month for 3 YRS.
SIGN PETITION TO SUPPORT PROGRAM IMPLEMENTATION TO START HELPING THOSE WHO NEED THE PROGRAM HELP.