The proposal to cancel all student debt has been shelved. We held the line against this policy and successfully protected taxpayers from footing the bill. Keep a close watch on the federal budget during the next session.
September 12, 2019
Final supporters
Senator Bernie Sanders on Monday proposed canceling all $1.6 trillion of outstanding student loan debt in the United States. But there is a potential problem with the Sanders plan, what happens to all this debt? As we all know, it won't just disappear- someone has to pay for it. To the liberal eyes this may seem valiant but, to the more conservative side, this is a nightmare. Tax payers will be forced to go out of pocket for student debts and fees. The DOE(Department Of Education) states only 45 percent of student loans are used to attend public colleges and universities, presumably because tuition at those schools is already lower than in the private sector.
The department also reports that 40 percent of loans are taken out to attend graduate or professional school -for example, master’s and Ph.D programs, law school, business school and medical school. Graduate school is expensive and, in contrast with loans for undergraduates, there is no hard cap on how much money students can borrow from the federal government for graduate school. People can borrow the full cost of tuition, books, supplies and living expenses to attend any accredited graduate or professional program. This is why hundreds of graduate programs produce average loans of $100,000 and up. Which means taxpayers could be paying for students...forever.
We created this petition to spread awareness of this matter before it becomes out of hand. Americans will have to pay dearly for such a proposition to be passed. It's up to us to secure American families from severe, unnecessary, and non-constructive taxation. Let's protect America by signing this petition and putting a stop to the senators attempt to "Burn America". Let's act now, sign today!
God bless us all!
Updates
Reached 500 supporters
July 13, 2019
July 13, 2019
The momentum behind this petition proves that taxpayers are waking up to the reality of this debt proposal. Post this link on Facebook and email your representative to demand accountability for these reckless spending plans.
July 8, 2019
The feedback I receive daily confirms that taxpayers are not interested in subsidizing massive graduate school loans for others. Go to your Facebook page and post the petition link to ensure your neighbors know the true cost of this proposal. Email your representative today and tell them you oppose the shifting of these debts to the public.
Reached 100 supporters
July 2, 2019
298 Comments
I already paid my student loans, my parent plus loans for my kids, and dammit I can't afford anymore. Stop the government take over of loans, privatize loans with little interest, and encourage trade skills.
I had to pay for all my school loans myself! Kids now-a-days need to learn what it's like in the real world just like we had to! They make a debt - they pay the debt themselves!
Let's use some common sense here. These politicians want to just keep adding on the debt to the tax payers. Like the article says, tax payers could be paying for students forever...
Forgiving student debt is a slap in the face of all those who paid their student debt. Why should I as a tax payer be forced to pay for someone else's college education and education I was not fortunate enough to have my self.
Americans first. These college students new the cost going in, why should I pay their college costs when no one paid for my children. My children went in the NAVY for son 26 years, daughter 22 years and brother made Chief Petty Officer. I am more proud of them for serving their country than serving themselves in college.
Welfare for everyone, what crap idea will he think of next? There won't be anyone left to pay for all these stupid ideas!!
He's out of touch ....... he needs to go!
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Don't stop at signing, share the petition link with friends to multiply our impact
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The proposal to cancel all student debt has been shelved. We held the line against this policy and successfully protected taxpayers from footing the bill. Keep a close watch on the federal budget during the next session.
September 12, 2019
Final supporters
Senator Bernie Sanders on Monday proposed canceling all $1.6 trillion of outstanding student loan debt in the United States. But there is a potential problem with the Sanders plan, what happens to all this debt? As we all know, it won't just disappear- someone has to pay for it. To the liberal eyes this may seem valiant but, to the more conservative side, this is a nightmare. Tax payers will be forced to go out of pocket for student debts and fees. The DOE(Department Of Education) states only 45 percent of student loans are used to attend public colleges and universities, presumably because tuition at those schools is already lower than in the private sector.
The department also reports that 40 percent of loans are taken out to attend graduate or professional school -for example, master’s and Ph.D programs, law school, business school and medical school. Graduate school is expensive and, in contrast with loans for undergraduates, there is no hard cap on how much money students can borrow from the federal government for graduate school. People can borrow the full cost of tuition, books, supplies and living expenses to attend any accredited graduate or professional program. This is why hundreds of graduate programs produce average loans of $100,000 and up. Which means taxpayers could be paying for students...forever.
We created this petition to spread awareness of this matter before it becomes out of hand. Americans will have to pay dearly for such a proposition to be passed. It's up to us to secure American families from severe, unnecessary, and non-constructive taxation. Let's protect America by signing this petition and putting a stop to the senators attempt to "Burn America". Let's act now, sign today!
God bless us all!
Updates
Reached 500 supporters
July 13, 2019
July 13, 2019
The momentum behind this petition proves that taxpayers are waking up to the reality of this debt proposal. Post this link on Facebook and email your representative to demand accountability for these reckless spending plans.
July 8, 2019
The feedback I receive daily confirms that taxpayers are not interested in subsidizing massive graduate school loans for others. Go to your Facebook page and post the petition link to ensure your neighbors know the true cost of this proposal. Email your representative today and tell them you oppose the shifting of these debts to the public.
Reached 100 supporters
July 2, 2019
298 Comments
Contracts are contracts. You got to live up to them. Besides,my kids are paying their loans because they got degrees in occupations that can sustain them,making them taxpayers, Americans trying to keep America going!
I already paid my student loans, my parent plus loans for my kids, and dammit I can't afford anymore. Stop the government take over of loans, privatize loans with little interest, and encourage trade skills.
I had to pay for all my school loans myself! Kids now-a-days need to learn what it's like in the real world just like we had to! They make a debt - they pay the debt themselves!
Let's use some common sense here. These politicians want to just keep adding on the debt to the tax payers. Like the article says, tax payers could be paying for students forever...
Forgiving student debt is a slap in the face of all those who paid their student debt. Why should I as a tax payer be forced to pay for someone else's college education and education I was not fortunate enough to have my self.
Americans first. These college students new the cost going in, why should I pay their college costs when no one paid for my children. My children went in the NAVY for son 26 years, daughter 22 years and brother made Chief Petty Officer. I am more proud of them for serving their country than serving themselves in college.
Welfare for everyone, what crap idea will he think of next? There won't be anyone left to pay for all these stupid ideas!!
He's out of touch ....... he needs to go!
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Contracts are contracts. You got to live up to them. Besides,my kids are paying their loans because they got degrees in occupations that can sustain them,making them taxpayers, Americans trying to keep America going!