Attention SVEA members and all college students:
You may have heard on numerous news programs, the interest rates on Stafford Loans (which most students have) are set to DOUBLE on July 1st if Congress does not take action to extend the lower rate. We encourage you to cyber-lobby congress.
ACT NOW TO KEEP AMERICAN DREAM WITHIN REACH FOR MILLIONS: STOP THE STUDENT LOAN INTEREST RATE HIKE!
The fixed interest rate on federal subsidized student loans, held by nearly 8 million college students, is set to double on July 1 – from 3.4 to 6.8 percent. President Obama has asked Congress to block the rate increase. This week, Senate Majority Leader Harry Reid (D-NV) introduced the “Stop the Student Loan Interest Rate Hike Act” (S. 2343). Learn more.
Take Action Today: Tell Congress to act now to stop student loan interest rates from doubling.
And in case you missed this on Jimmy Fallon...Obama Slow Jammin’ Student Loans: