Action alert: say no to the new student loan bill

Paperwright wrote about this development first, way back in April.

Congress is proposing to make it even harder for kids to pay off student loans by changing interest rates from fixed to variable. Ouch. And it even comes with a nice BushCo touch; it's called the College Access and Opportunity Act.

From Tompaine.com:

Send Bush Your Student Loan Bill

This week, Congress is considering an amendment to the 1965 Higher Education Act—legislation that would, among other things, increase the average student's loan payments by $5,500 over 10 years. And, ironically, the amendment is being called the College Access and Opportunity Act. Tell Bush that increasing interest payments is no way to help make college accessible to more students. Take action with the Campaign For America's Future and send your student loan bill to the Bush administration! ACT NOW

Click here to take action.
Resources:
NYT in April