blueocean1999

Private loans are protected from bancruptcy the same as federal loans and can collect through garnishig. Yet, they can charge much higher interest rates. Should this be changed? Perhaps lower interest rates as a trade off for the protection from bankruptcy? Second part: is there any movement to let students consolidate private loans into a federal loan? I'd much prefer the GOVT profiting from my debt than Sallie.

Why are private loans given the same protection as federal loans? What can be done to phase out private loans?

Hi Ben- since petition creators bring you revenue- would you consider profit sharing?

I have 100K in debt, with about 60K of that being interest/ fines from default. I was in over my head and an trying to get out.

1. would you support federal refi of private loans to become income based repayment?

2. Can we move to a national pay it forward program? Why should bankers get to profit from the need and right to an education?

3. College is less than prison. (But you know that)

Thank you , Cory. Say hi to Klapper.

I look forward to working to pass a national pay it forward with you!