On July 1, 2012, interest rates on Federal student loans are slated to DOUBLE from 3.4% to 6.8%, while the banks and other financial institutions can borrow from the Federal Reserve at close to 0%. 

Why should students have to pay such a high interest rate just to obtain an education, but Wall Street and the big banks can avail themselves of what is essentially free money from hardworking, taxpaying Americans, especially when we're still standing in the wake of the near-destruction of our economy which was a direct result of their unscrupulous practices?

Do not let interest rates on Federal Student Loans to DOUBLE this July! 

Please sign this petition now!

Then, please share it with all your friends via Facebook, Twitter, Google+ and email.

Any effort that chips away at the status quo is a step in the right direction. You've already seen the power of petitions and the strength we have in our ever-growing numbers - let's keep the pressure mounting on Congress to address the looming student loan debt crisis before it's too late!

Thanks!

Rob

P.S. Special thanks to Young Invincibles for putting this petition together!