[Peace-discuss] Fw: The clock is ticking...

[Jenifer Cartwright]

Another worthy cause...

--- On Tue, 3/9/10, Jane Hamsher, Firedoglake <firedoglakeaction at gmail.com> wrote:

From: Jane Hamsher, Firedoglake <firedoglakeaction at gmail.com>
Subject: The clock is ticking...
To: "Jenifer Cartwright" <jencart13 at yahoo.com>
Date: Tuesday, March 9, 2010, 12:13 PM

      
Tell the Senate to pass
direct student lending
before it's too late.Click here to sign the petitionHi Jenifer,Today, FDL launches its Students Not Banks campaign, with a petition calling on Harry Reid, Nancy Pelosi and members of Congress to pass student loan reform quickly through reconciliation.President Obama's plan to transition to direct student lending would save $87 billion dollars over 10 years -- money that could go directly to colleges across the country that are slashing programs and hiking fees in the wake of state budget crises.But lobbyists for big student lenders like Sallie Mae, JP Morgan, BofA and Citigroup have been working overtime to preserve their fat profits.  They're picking off one Senator after another.  Fortunately, President Obama encouraged Harry Reid to include student loan reform in reconciliation, so they only needs 50 votes to pass it in the Senate.   Both health care and student loan reform are in the reconciliation bill, but they are separate and not linked.  If the
 Senators try to "fix" health care and don't pass student loan reform at the same time, Senate rules require that it will be another year until student loan reform can be taken up again.  Colleges and students  simply can't wait that long.Sign our petition to the Senate: Higher Education needs your help.  Pass direct student lending now.http://action.firedoglake.com/studentloansStudents across the country are protesting rising tuition costs and unmanagable loan debt. On March 4, students demonstrated in 30 states across the country -- on 100 campuses in California alone.Meanwhile,  Jamie Dimon, CEO of JP Morgan took home $17 million last year.  Al Lord, the CEO of the biggest student lender Sallie Mae, managed to make such a killing from student loans that he built a $30 million golf course in his back yard.The banks get just about everything they want from Congress these days and it's time to draw a line and say "no more":  Wall Street banks can't carve
 out profits for themselves at the expense of the colleges and the students that represent the nation's future. The Senate should pass direct student lending immediately. Click here to side with students: no more bail outs for banks.Sign the petition: http://action.firedoglake.com/studentloansThis is an important issue, and the clock is ticking.  You'll hear more from us soon.  Thanks for all you do.Best,Jane Hamsher




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