To: The United States House of Representatives
Say No to the Republican "Fix" for Student Loan Interest Rates
The Smarter Solutions for Students Act (HR 1911) is not at all a smart solution. The bill would make college MORE expensive and pile more debt on to students.
Americans are already more than $1,000,000,000,000 dollars in student debt. Going to college shouldn't mean a lifetime of crushing student loans, and HR 1911 would worsen the situation -- not make it better.
Americans need a REAL fix to our student debt problem, not this! Say "No!" to the Smarter Solutions for Students Act.
Why is this important?
The Smarter Solutions for Students Act (HR 1911) is a Republican plan that is the classic bait and switch. Worse yet, it could be voted on as soon as Wednesday, May 22.
According to estimates provided by Congressional Budget Office, under the proposal, federal student interest rates will be higher than current fixed rates for millions of borrowers seven of the next ten years. The bill will make attending college more expensive for students and families, and deepen the student debt crisis.
We must act now to make sure our members of Congress oppose this bill!