In July, interest rates will DOUBLE on the subsidized Stafford student loans that almost 8 million students use to pay for school. This will cause some borrowers to pay almost $5,000 more on their loan over a 10-year repayment.Thankfully there is a plan in Congress to stop student loan interest rates from doubling this July and to work to keep college within reach. Please ask your member of Congress to stop student loan interest rates from doubling.
Stop student loan interest rates from doubling
Dear [Decision Maker],
Please support a plan to stop student loan interest rates from doubling this July.Almost 8 million students use subsidized Stafford loans to pay for school and make it to graduation. Without a new plan, students who borrow the maximum amount of subsidized Stafford loans could pay almost $5,000 more through the repayment of their loan. Students cannot shoulder such a huge increase in this economy. Please support the plan to stop student loan interest rates from doubling this July!
Sincerely,[Your Name] [Your Address] [City, State ZIP]
If you take action and have not already registered, you will receive periodic updates and communications.
UNITED STATES PUBLIC INTEREST RESEARCH GROUP
44 Winter Street, 4th Fl. • Boston, MA 02108
FEDERAL ADVOCACY OFFICE:
218 D Street SE, 1st Fl. • Washington, DC 20003