Tell Congress: Let Borrowers Refinance Their Student Loans

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Who's signing

224 signatures

Will you sign?

For every 1000 signatures, NationofChange will send a letter to Congress asking for student loan refinancing legislation.

Americans are more than $1.2 trillion in student debt. Many of them are failing to pay even the minimum on their student loans, with no hope of refinancing. 

Currently homeowners and corporations have the opportunity to take advantage of historically low interest rates. Student loan borrowers should be able to do the same, yet are stuck paying sky-high interest rates. The impacts their ability to purchase homes, save for retirement, and more.

We need new legislation that will not only allow for, but make it easy for student loan borrowers to refinance their student loans. We stand with groups such as Generation Progress and Take Part in moving forward to urge Congress to pass new legislation to allow for student loan refinancing. 


Showing 228 reactions

  • I appreciate the revamp, but now there are so many companies buying out the loans; they’ve split mine so I now have to deal with over 4 companies, and one more possibly. These programs allow small payments, but they are so small, they never go toward the loan itself, while continuing to earn interest. All you achieve is not having the reported to your Score. I’d appreciate the chance to bundle and refinance some of these private student loans; these were made during the ‘fall of our economy’ and left student enrolled, with no other alternative. We were railroaded. So now, give us a chance to regroup.
  • I’ll do what I can. I’m 84 years old, and I no longer drive.
  • MILTON BORK

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