Senator Edward M. Kennedy sending out requests for student loan sufferers stories
Got this in my email and sent a long reply.
here's his website:
http://www.democraticmajority.com/page/s/college
here's the original email:
Dear garyp714,
Every year, two-thirds of the students who graduate from college face the burden of repaying the student loans that made their college degree more affordable. Are you one of them?
In an effort to build support for fair reform, I'm collecting stories from people who have suffered under our broken student loan system. We already know that 400,000 qualified students can't afford college each year, but personal stories from those who have faced the burden of college loans can help immensely to put a face on this critical issue.
When these stories begin coming in, my staff and I will collect them into an online resource for people to learn how the student loan industry is affecting families across the country.
Do you -- or someone you know -- have a story to tell? We're looking for videos or comments about how the student loan system has affected you.
Click here to get started.
Here are just a few examples of the ways that runaway student loan debt has affected people in our online community:
"I am still paying off debt from my undergraduate nursing degree and now I am having to take out loans to pursue a graduate nursing degree. Interest rates on many loans are ridiculous! It is very daunting to enter the work world feeling like you are already in debt up to your eyeballs because of student loans. Unless you are eligible for grants or full scholarships or your family is wealthy enough to pay for all of your schooling, you end up in a huge amount of debt by pursuing an education and trying to better yourself."
-- Robin from Franklin, TN
"I am a single mom raising 3 great kids on my own. I have 2 in college and another about to go. I am doing it on a teacher's income -- I have never been so broke in all of my life. I am incurring the debt so that they can enter adulthood without the crushing burden of student loans. I fear I will NEVER regain financial stability for myself."
-- Ruth from Lafayette, CA
"I am currently a college student, and I will have about $60,000 in student loan debt when I graduate in December, much of it alternative private student loans that I was forced to get from only one of a handful of companies my university works with. I believe that had I been able to "shop around" I would have gotten a better interest rate. I feel like I will not be able to get a job out of college making enough to pay the minimum payments and still live. I just don't know what I am going to do."
-- Jesse from Crescent, PA
Thousands more stories out there are just like these -- honest, hardworking students and their families saddled with massive debt, in order to obtain the kind of education that will bring them better lives.
Please help me spread the word about the broken student loan system with a video or note of your own.
On the issue of college affordability, our nation's priorities are wrong. Private loan companies are making huge profits from American college students, while American families are struggling to pay off their debt.
It's not supposed to be like that.
Student loans should be about helping people make better futures for themselves, not about lining the pockets of banks and loan company executives. I'm working hard to straighten out this mess, but I need your help.
Tell me your student loan story, and together we can fix this broken system.
Sincerely,
Senator Edward M. Kennedy