1. United States
2. Ohio
3. Letter

Support H.R. 10159 to Lower Student Loan Interest Rates I am writing as your constituent to express my strong support for H.R. 10159, the bill that would lower federal student loan interest rates to 1%. This commonsense measure would have a profoundly positive impact on millions of borrowers, helping them achieve economic stability, invest in their futures, and strengthen our nation’s long-term economic health. Currently, U.S. student loan borrowers hold more than $1.7 trillion in total debt. The weight of this debt is a significant barrier to homeownership, entrepreneurship, and family formation. While existing interest rates often range from 4% to over 7%, a reduction to just 1% would save borrowers thousands of dollars over the life of their loans. This relief would not only directly benefit individual borrowers but also stimulate local economies and reduce the risk of long-term financial hardship. The burden of high interest rates disproportionately affects low- and middle-income households, hindering social mobility and innovation. Reducing the interest rate to 1% is a step toward recognizing higher education as a public good, rather than a debt trap. I respectfully urge you to co-sponsor and support H.R. 10159 and work with your colleagues in Congress to ensure its swift passage. Students, borrowers, and their families deserve a fair shot at building a stable financial future without drowning in interest payments. Thank you for your time and consideration. I look forward to seeing you stand with borrowers by supporting this critical legislation.