Citizens for an Educated and Democratic Republic
We have established CEDR to provide a voice for student loan and educational reform. We at CEDR (Citizens for an Educated and Democratic Republic) have contacted all Senators and Representatives with a BILL for student loan reform. In this 18 page BILL are facts and figures gathered from substantive information useful in our challenge to unconstitutional laws. We have also recommended 29 separate laws to support our reasoning.
The current bills being proposed to alleviate the problems in the area of student loan legislation are unsatisfactory and only help the student loan creditors. The present legislation has caused grave harm to many citizens and their families. For many, their struggles have continued for decades, taking a toll on their marriages, health, and an increasing inability to live and survive in a worsening economy.
At the present time, there is no relief. The present legislation provides for creditors making tremendous profits at the expense of too many citizens. These citizens have spiraled down to poverty level and are under great stress because they do not see an end in sight to their student loan debt problem. Many have moved out of the country or gone off the grid. We want them to know we are pro-active and empathize in their expatriation.
Please contact us at Citizens for an Educated and Democratic Republic cedresq@gmail.com if you would like a copy of this BILL in Adobe pdf. We encourage you to share it and provide a copy to your legislator.
Highlights of the BILL proposed to Congress for student loan reform
Here
are some of the key points of what we are asking from our legislative
representatives: student debtor consumer protections, return of
bankruptcy rights and protections, a flat rate interest on student loan
debt, institution of student loan forgiveness programs by government
and private sectors (with tax incentives), and a statute of limitation
on all student loan debts of ten years.
There are numerous other rights and protections that we are advocating,
and these needed to be requested. Otherwise, as many of us are aware,
we will be enslaved to the student loan creditors for the rest of our
lives. They will continue to attach wages without any ability on our
part to prevent it.
Continued: See page Highlights of the BILL
