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Urge
Congress To Help Make College More
Affordable!
On
January 17, House of Representatives will vote on a plan to
cut in half the interest rate on subsidized student loans.
With college costs on the rise, more students have to take
out greater loans to cover their tuition and other college
costs, while incurring record student debt. In 2003-04, the
median student debt borrowed to finance a bachelor's degree
was $19,300.
The College Student
Relief Act of 2007 (H.R. 5) would reduce the rate on
subsidized undergraduate loans from 6.8 percent to 3.4
percent, using phased-in reductions over five years. Once
fully phased in, the interest rate cut is estimated to help
ease the financial burden of more than 5.5 million
undergraduate students.
Contact
Your Representative Today
Urge
your Representative
to support a cut in the interest rate for subsidized
student loans.
Social Security
Offsets Legislation Reintroduced! Your E-Mails Needed To
Build Support.
Lawmakers in the House
and Senate have reintroduced legislation to repeal the
Government Pension Offset and Windfall Elimination Provision
two offsets that cut or eliminate the Social Security
benefits of hundreds of thousands of educators and other
public employees. The Social Security Fairness Act (H.R.
82/S.206) already has over
100 cosponsors
in the House of Representatives.
Contact
Your Memebers of Congress
Thank
Members who
have already cosponsored the bill and urge all others to
add their support as quickly as possible.
You
Did It!
Your
e-mails to Congress helped secure the first major victory
of the 110th Congress passage by the House of
Representatives of a much-needed increase in the federal
minimum wage. The House voted to raise the minimum wage
to $7.25 an hour on January 10 by a vote of 315-116, with
all Democrats and 82 Republicans supporting the measure.
Action now turns to the Senate, where the proposed
increase may be considered in conjunction with tax cuts
for small businesses.
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