As student loan debt in America hits $1.5 trillion and the average college student leaves school with $30,000 in debt, Congress is preparing to rewrite the Higher Education Act (HEA) for the first time since 2008. While a college degree is more valuable than ever, many students struggle to cover the cost of college, and the lowest income students continue to bear a disproportionate student debt burden.
The proposed PROSPER Act slashes $58 billion from student aid, opens the door to selling student loans to Wall Street and eliminates the few accountability measures we have on predatory for-profit schools meant to keep them in check to do good by students and taxpayers. The bill would do significantly more harm than good, saddling students with more debt and loosening standards in a way that would open the higher education system and taxpayer dollars up to unacceptable risk.
TAKE ACTION now! Ask your representative to vote NO on the PROSPER Act.
TAKE ACTION now! Tell your representatives to vote NO on the PROSPER Act. We need legislation that puts students and their families over for-profit colleges and financial institutions.
There are no officials for you to contact on Facebook.
Increase the impact of this action by spreading the word to your Facebook followers so they can contact their own officials.
There are no officials for you to contact on Twitter.
Increase the impact of this action by spreading the word to your Twitter followers so they can contact their own officials.
Ask your friends on social media to reach out to their representatives to urge them to vote NO on the Prosper Act.