Share Your #DontDoubleMyRate Story

Posted Monday, April 30, 2012

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  • Share Your #DontDoubleMyRate Story

On July 1, the interest rate on federal Stafford loans, which help millions of students pay for college every year, are set to double. If Congress doesn’t act, Stafford loans will come with a 6.8 percent interest rate—up from 3.4 percent.

But some elected officials, like Rep. Virginia Foxx (R-N.C.), don’t believe that student debt is a problem. We need to show them that kind of thinking is wrong, and we need you to stand up and share your story.

When you share your story, remember to address three vital questions:

  • Why is a college education important to you? 
  • What impact does student debt have on you? 
  • How would your life change if the burden of debt was lifted?

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