Bank On Students - Rebuild the Dream Staged Site 2015 - Orig Clone
If you are a Wall Street banker who needs a little cash, the federal government will loan you money through the "discount window" with virtually no interest -- as little as 0.75%.
But if you are a young person trying to get an education... the rate on federal Stafford Student loans is set to double! Unless something is done, it will go from 3.4% to 6.8% on July 1.
That is right: We would be charging America's youth nine times more than we ask from the mega-profitable banks that caused that crisis in the first place.
Senator Elizabeth Warren has introduced the Bank on Student Loan Fairness Act, which would give students the same deal that banks get. We need to get behind this in a big way.
Bank On Students
Support Senator Warren's Bank on Student Loans Fairness Act which provides a one-year fix to the impending doubling of students rate hike by setting the student loan interest rates at the same level the Federal Reserve offers to big banks at a rate of 0.75%., keeping college education affordable for the 99%.