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 certainly do agree that students loans should be consolidated to the lowest interest rate possible. It is totally unfair for a student loan to be higher than mortgage interest on a home or automobile. YES!! Pass HR2711"
"reconsolidation would be fair across the board"
"I don't know how this all works- but it is killing me... please pass this so that I may lower my wonderful 8.5%... at that rate I may pay off everything by the time I am 68 if all goes well... please & thank you"
"I have $44,000 in student loans and they are already consolidated. At the current rate, that will cost me over $25,000. I should be able to refinance the student loans at a lower rate since they are no longer federal loans but are through private funding."
