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Take Action on Student Loan Interest Abuse

To: Sen. Baldwin, Pres. Biden, Sen. Johnson, Rep. Moore

From: A constituent in Milwaukee, WI

January 9

TAKE ACTION NOW! Forgive student loan debt for all loans where the principal loan amount has been paid. Many of these loans are over 20+ years old. Help Americans stuck in the compound-interest loop of student loan debt. I have been paying on my student loans every month since I graduated from graduate school in 1998. The interest is compounded with the result that the debt is never substantially paid down. Lending practices such as this should NEVER be allowed for students struggling to pay for college.

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