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      house Committees
      House Committee on Education and the Workforce
      Higher Education and Workforce Training
    IntroducedAugust 2nd, 2013
    With student loan debt at an all time high of$1.2 trillion and the average student graduating with $30,000 in debt, it is more important than ever before to ensure that students can borrow at the lowest interest rates possible and have their debt forgiven as soon as possible in order to enable young people to contribute to the economy in whichever way they can.
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    It’s becoming increasingly hard for graduating students to find careers in their respective majors and I think being able to refinance their loans would be no difference than refinancing any loans.
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    Please help
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    Why have we made student loans a prison sentence?
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    You can refinance just about everything else why not allow student loans?
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    You can refinance your house, car, but even if you go bankrupt, you're student loan debt is still there. It's been crooked almost since its inception, but this is one small step to make it less of a colossal screw up and more like how it was intended to be used: to help those who cannot otherwise afford it to go to college.
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    My husband and I have been strapped with student loans at 7.25% for years. We combined our loans when we got married. Because of some rule about consolidation, we are not allowed to switch to a lower rate. We will never pay these things off.
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    I have loans that I took to be able to go to the college and they are very expensive to pay back, if lower rates it would be easier to keep up with the payments.
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    Absolutely they should be able to refinance their student loans. We have problem in this country where students are overly burdened by student loans
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    It is important because the amount needed to be borrowed is going up and the need for a collage degree is going up but yet there is more student loan debt because of this. And the amount you pay monthly is more then some mortgages.
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    Of course!
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