The number of signatures NEEDED has already been passed up 3 times over, but please take a moment, sign up for an account if you haven't already, and add your signature to this petition that was created to the White House to eliminate current student loan debts.
To quote directly from the petition:
Quote:
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Forgiving student loan debt would provide an immediate jolt to the economy by putting hundreds and, in some cases, thousands of extra dollars into the hands of people who WILL spend it - not just once, but each and every month thereafter - freeing them up to invest, buy homes, start businesses and families. This past year, total student loan debt finally surpassed total credit card debt in America, and is on track to exceed $1 TRILLION within the next year. Student loans themselves are responsible for tuition rates that have soared by 439% since 1982 and for saddling entire generations of educated Americans with intractable levels of student loan debt from which there is, seemingly, no escape. Relieve them of this burden and the middle class WILL rebuild this economy from the bottom-up!
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Here is the shortlink provided by the WhiteHouse.gov page:
http://wh.gov/gpx
14,654 Signatures as of 6:40pm Sep 27, 2011