Under the current Student Loan Forgiveness Act of 2012, graduate students will have to pay interest on their subsidized Stafford loans while still in school. All students will now also have to start paying back the money they borrowed immediately after graduation: the compromise eliminated the six-month grace period during which the government paid the interest. Such economic obstacles could leave our generation without enough doctors, Graduate Degree holders, or lawyers. Only those rich enough to avoid loans will be able to afford any education beyond an undergraduate degree.
This petition is to urge Congress to help American students by fixing these problems. Allow students to defer all their loan payments, and reinstate the six-month grace period. Education is a right, not a privilege.
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