From the DCCC:
BREAKING: President Obama calls for action against crushing student loan debt >>
Sign on to support President Obama's call to action:
Moments ago, President Obama endorsed the Elizabeth Warren-John Tierney plan to effectively lower student loan debt by allowing people to refinance their loans. Add your name to support the plan:
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President Obama just announced TWO pieces of GREAT news:
1. President Obama is taking executive action to expand his “Pay As You Earn” student loan program to up to five million more Americans. That means millions of college graduates won’t be forced to pay more than 10% of their monthly income on student loan bills.
2. President Obama went one step further -- he called on Congress to pass the Elizabeth Warren-John Tierney bill allowing graduates to refinance their student loans, and get cheaper rates. The measure is paid for by making millionaires and billionaires pay their fair share of taxes.
You can bet Republicans in Congress aren’t eager to support raising taxes on their billionaire backers -- even if it helps college graduates struggling under crushing student loan debt.
That’s why we need to put the pressure on today -- a vote could come as soon as this week.
Join President Obama: Help us reach 50,000 strong calling on Congress to pass the Elizabeth Warren-John Tierney Student Loan Reform Bill.