Student Loan Fairness petition
To: U.S. CongressUnder the Higher Education Act of 1965, a borrower is only eligible for a consolidation loan if he or she has never consolidated before. 20 U.S.C. 1078-3(a)(3). This creates a one-tim... continue reading »
"I find this a great opportunity to balance out the disadvantages that come with being a first generation college student. This is also a great opportunity for those who found out the hard way that they chose the wrong company to consolidate with after the"
"THIS SHOULD ALREADY BE ALLOWED TO STUDENT BORROWERS."
"It is almost criminal that our government will not to give us the opportunity to reconsolidate our loans. We already give them a big chunck of our hard earned money with our small businesses, it would be only fair for us to have the opportunity to lower o"
"By allowing the students to re-finance their loans on a more often basis, you are allowing them to save large amounts of money in interest. These savings could be used to start a business which would help produce additional jobs in the marketplace."
"Preventing people from refinancing their student loan is outrageous. 8.25% loan to educate myself."
"I PRAYED FOR GOD TO CHANGE OR MAKE AMENDMENTS TO THE CONSOLIDATION GUIDELINES, AND I BELIEVE THAT THIS IS THE ANSWER TO MY PRAYERS, THANK YOU FOR BRINGING THIS INFORMATION FORWARD."
"I believe this is an important bill. We say we value education in this country but then people who borrow for advanced education are not given simple benefits, such as an opportunity to re-finance student loans, that would help them deal with the cost exp"
"PLEASE get this passed!"