Restore Basic Consumer Protections to Student Loans!

An email I received today from MoveOn puts the case for the Student Borrowers’ Bill of Rights very well.  This is a very important piece of legislation.

Did you know that, like murder and treason, there is no statute of limitations on the collections of student loan debt?

Did you know that student loans do not enjoy bankruptcy protections just like any other type of debt in America, including gambling debts?

Did you know that defaulted borrowers face the potential of having their professional licenses suspended, as well as having their wages, Social Security benefits, tax returns and other benefits garnished, without a court order?
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It’s well past time we right these wrongs and that’s why Rep. Frederica Wilson (D-FL) has introduced the Student Borrowers’ Bill of Rights (H.R. 3892).

Please sign the petition and share it widely!