I will forever remember the day when I sat on the floor of my apartment, giant T-89 calculator and old tuition statements in hand, and calculated how much I had acquired in student loans over the past four years. Actually, that day happened not too long ago—around April of 2009!
Federal loans paid for a majority of my college tuition, and fortunately these loans typically have a lower interest rate than private companies. However—let me tell you from personal experience—it was overwhelmingly depressing to discover how much I had accumulated … more thousands of dollars than I was years old. I got no sympathy from my friends either; they were all in the same boat.
At a time when the job market is growing increasingly competitive for recent college grads, we MUST support legislation that lowers federal student aid interest rates and increases the amount of money given to qualifying students each year. I am urging activists everywhere to contact your representatives—call, email, tweet them, myspace them, facebook em’—to vote yes on HR3221 (the Student Aid and Fiscal Responsibility Act)!
