Thursday, October 20, 2011

Forgive Student Loan Debt



On a personal and selfish note, I ask that you sign this because I am $100,000 in debt through student loans and can barely afford to pay my monthly amount AND pay my other monthly bills along with.

I signed a petition to The United States House of Representatives, The United States Senate and President Barack Obama, which says:

"Forgiving the student loan debt of all Americans will have an immediate stimulative effect on our economy. With the stroke of the President's pen, millions of Americans would suddenly have hundreds, or in some cases, thousands of extra dollars in their pockets each and every month with which to spend on ailing sectors of the economy. As consumer spending increases, businesses will begin to hire, jobs will be created and a new era of innovation, entrepreneurship and prosperity will be ushered in for all.

Therefore, we, the undersigned, strongly encourage Congress and the President to support H. Res 365, introduced by Rep. Hansen Clarke (D-MI), seeking student loan forgiveness as a means of economic stimulus."

Will you sign this petition? Click here:

SignOn.org

Thanks!

6 comments:

Stan said...

I gladly signed on. My niece's boyfriend is saddled with student loan debt and is struggling too.

JamTheCat said...

Done.

tamayn said...

Can you imagine the infusion of cash that this could put into the market? It would make everything so much more simple.

Writer said...

Thank you, Stan. Check out the news today. Obama is lowering the cap on how much of your income grads can pay on their monthly student loan payment! :)

Writer said...

Thank you, Kyle. :)

Writer said...

Well, tamayn, at least for me, it would make paying other bills so much easier. :)