Support the Student Loan Forgiveness Act of 2012
Hi,
I signed a petition to Rep. John Kline (MN-2), The United States House of Representatives, and 2 others which says:
“Total outstanding student loan debt in America is expected to exceed $1 TRILLION this year. Millions of hardworking,…
Support H.R. 4170 - The Student Loan Forgiveness Act of 2012
Greetings,
I just signed the following petition addressed to: Rep. John Kline, The U.S. Congress & President Obama.
————————
Support H.R. 4170 - The Student Loan Forgiveness Act of 2012
Since 1980, average tuition for a 4-year college education has increased an astounding 827%.
Since 1999, average student loan debt has increased by a shameful 511%.
In 2010, total outstanding student loan debt exceeded total outstanding credit card debt in America for the first time ever.
In 2012, total outstanding student loan debt is expected to exceed $1 Trillion.
In short, student loan debt has become the latest financial crisis in America and, if we do absolutely nothing, the entire economy will eventually come crashing down again, just as it did when the housing bubble popped. Reasonable minds can disagree as to the solutions, they cannot, however, disagree on the existence of this ever-growing crisis, as well as the unsustainable course we’re on towards financial oblivion.
As a result of more than 30 years of treating higher education as an individual commodity, rather than a public good and an investment in our collective future, those buried under the weight of their student loan debt are not buying homes or cars, not starting businesses or families, and they’re not investing, inventing, innovating or otherwise engaged in any of the economically stimulative activities that we need all Americans to be engaged in if we’re ever to dig ourselves out of the giant hole created by the greed of those at the very top.
Now for the good news: there’s finally hope on the horizon!
Representative Hansen Clarke of Michigan has just introduced H.R. 4170, The Student Loan Forgiveness Act of 2012, in the House of Representatives - legislation designed to lend a helping hand to those struggling under massive amounts of student loan debt.
For a brief summary of H.R. 4170’s main provisions, please copy & paste this URL into your browser: http://tinyurl.com/7akydbk
To read the full version of the actual bill itself, please go here: http://tinyurl.com/6txure8
To read answers to some of the most frequently asked questions about The Student Loan Forgiveness Act of 2012, please go here: http://tinyurl.com/8xh4csd
Student loan debt has an undeniable and significant suppressive effect on economic growth. The Student Loan Forgiveness Act of 2012 directly addresses this enormous boot on the neck of the middle class and represents a glimmer of hope for millions of Americans who, with each passing day, find that the American Dream is more and more out of reach.
Therefore, we, the undersigned, respectfully request that Congress bring H.R. 4170, The Student Loan Forgiveness Act of 2012, up for consideration and commit to holding a straight, up-or-down vote on it this year. Thereafter, we, the undersigned, respectfully request that President Obama sign this legislation into law.
If the GOP defends the rights of Catholic hospitals to deny women contraceptives, would they accept any Muslim hospital to be managed based on the Sharia Law?
— reddit user saga_boy (via abaldwin360)
In case you missed the live show, here’s a link to my appearance yesterday on Portland’s KBOO “More Talk Radio” discussing student loan debt.
(Above) A short summary of what the Republican party and its base stands for.
…
Resistance is futile, rightwing voting base…
Romney WILL be your nominee and you WILL vote for him in November. That’s just the way your personal ideologies and the GOP works together.
As TPM has reported, the Republican establishment seems quite interested in pulling back the intraparty attacks on Romney’s Bain record, and it seems they have good reason — in just a few short days it’s made a dent in Romney’s numbers, suggesting what many pollsters have argued about his support: It’s soft.
The underscore that point, the PPP data had a simple point. The firm asked Republican voters “Generally speaking, would you like the Republican nominee for President to be Mitt Romney or someone else?” 34 percent said they were for Romney. A majority of 58 percent said someone else.
— South Carolina Was Always Going To Be A Fight, And Now It Is
Today’s a chart kinda today.
New jobs numbers are out: The economy added 200,000 jobs last month, and unemployment rate fell to 8.5 percent.
What would you rather be doing tonight?
To which we ask: Really? You’d be watching the Sam Houston State vs. North Dakota State game? Okay.
