Erase Student Loan Debt and Make College Affordable!
Wednesday, February 18th, 2009Did you know that only 25% of adults over the age of 25 have a college degree? With unemp
loyment rates reaching unprecedented highs, getting an education is an important step that you can make in order to not only advance your education but also to secure a good job for your future. In fact, the results of a survey we conducted back in October revealed that an overwhelming 96% of respondents reported that in times of economic crisis, a college degree becomes even more important for employability. However, the hurdle that prospective students face isn’t that they don’t want to go to college—it’s that they worry whether or not they can afford it. The same survey illustrated that 75% are worried, of which 33% are “very worried” about paying are for their college education, and 33% had no tuition money saved. It is clear that there is a student debt crisis developing in America today.
On February 13, the Congress passed a vote that put into effect President Barack Obama’s proposed economic stimulus plan. The plan allocates $150 billion for education reform. The Obama administration has also introduced ideas such as eliminating the confusing FAFSA form and creating the American Opportunity Tax Credit, ensuring that the first $4,000 of a college education is completely free for most Americans willing to conduct 100 hours of community service. While these ideas are surely a start, so far we haven’t seen any of these ideas come to reality, and the average college student is still $21,00 in debt with college loan
s.
What can we do to make college more affordable? CampusCompare is trying to get 21,000 signatures—1 for every $1 of debt—to take to Congress as a testament to the student-loan crisis in this country. Our focus is on college affordability and decreasing the student loan debt that students have after college, thereby encouraging more students to attend college in the first place!
CLICK HERE!! to sign the petition for a debt-free college experience!! And click here to join the event on facebook to help the cause!
