Nearly 70% of new graduates of four-year universities will leave college owing student loans, and the average debt they will owe is $30,000! Fortunately, there's a common sense solution.
Congressman Polis has a plan to make income-based repayment of student loans a reality for all Americans!
His plan uses a person's income to determine how much they can be required to pay on their loan. As you advance in your career and earn more, the amount you pay increases, too. A similar plan is already in place in Australia and the United Kingdom, and it's working.
College and advanced studies are critical for the next generation to be competitive in the global marketplace. Income-based loan repayment is just one way we can help young adults plan for a successful future, but it is an important one.
Take action today! Sign the petition and say you support income-based repayment of loans so students can avoid default and financial ruin.
