Help the economy, regulate financial institutions, and most importantly, help college graduates succeed in their financial endeavors by forcing private loan school lenders like Sallie Mae to provide income based repayment options.
Why is this important?
This slowly recovering economy has left many college grads with school loans to pay, garnished wages, and bad credit reports with very little job opportunities to prevent inevitable poverty to those who were just trying to earn a better life. Lenders, like Sallie Mae, are relentless in their efforts to take anything they can and this problem is causing permanent financial hardship for individuals that deserve better than this for their efforts.
