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 »
"This Act must be signed into law! If it is fair for mortgage borrowers to refinance, it should also be fair for student borrowers to refinance their weighty student loans. The system as it stands is keeping many who believed in the American Dream firmly s"
"It is unfair to limit student loan consolidation. Like any other loan, students should be allowed to consolidate more than once to gain the best rates available. Students who take out loans for their education should not be penalized by this unfair practi"
"Do it now, it's the right thing!"
"I have two children in college with a considerable amount of debt accruing, would like to see these students allowed to consolidate more than once to get these loans paid off. Please help us!"
"It would only be fair to reconsolidate student loans since you can refinance other loans."
"It is grossly unfair that I will pay thousands of dollars more for a loan then others. Please, pass this law immediately."
"It is not only the fair thing to do but the right thing."