This is a petition to force Washington to examine the deregulation of private student loans, the saturation of job markets by unqualified, yet "educated" graduates, the devaluation of specific trades by such practice and especially the broken credit system, in which credits said to be transferable to universities are in fact not at all, due to "different accrediting agencies". If you want to salvage our economy, forgive private trade school debt!
Why is this important?
The trade schools and the deregulated loan industry have caused several generations of Americans to be enslaved to repaying loans for an education that was skeletal and rudimentary at best, harmful at worst. These credits, which we were told were transferable to "any university" are not transferable at all. "Regional accrediting agency"? I personally live in Washington, yet my "credits" from Portland Oregon won't transfer to a school in Oregon, let alone Washington. I, personally, have been financially destroyed by Career Education Corp. and Stillwater bank. My student loan repayments outstrip my rent and bills. This is slavery.
