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Blog

Support the Student Loan Reform Act, H.R. 1586

On behalf of FreedomWorks’ activist community, I urge you to contact your representative and ask him or her to cosponsor the Student Loan Reform Act, H.R. 1586, introduced by Rep. Scott Perry (R-Pa.). This bill would establish a program under which colleges and universities can cosign all eligible direct loans made to their students in exchange for the ability to offer lower interest rates on such loans. Allowing for institutions of higher learning to cosign student loans presents a much-needed market-based solution to the student debt crisis by incentivizing such institutions to take more responsibility for their students’ futures while also encouraging students to choose higher education paths more wisely and seek degrees that institutions stand behind.

03/04/2021
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Blog

FreedomWorks' Dumpster Fires of the Month for July 2019: The Student Debt Cancellation Act, H.R. 3448 and the College for All Act, S. 1947

FreedomWorks’ activist-chosen dumpster fires of the month for July 2019 are the Student Debt Cancellation Act, H.R. 3448, introduced by Rep. Ilhan Omar (D-Minn.) and the College for All Act, S. 1947, introduced by Sen. Bernie Sanders (I-Vt.). Both of these pieces of legislation would seek to erase all federal student loan debt and completely restructure the higher education system, forcing unwitting taxpayers to foot the $2.2 trillion bill.

08/02/2019