More than 7.4 million students with federal student loans will see their interest rates double on July 1, unless Congress steps in to keep them low. President Obama is calling on Congress to take action and asking Americans to raise their voices with the hashtag #DontDoubleMyRate.
State and local elected officials took to Twitter to explain how important it is in their community to keep student interest rates low:
New Orleans, Louisiana Mayor Mitch Landrieu @MayorLandrieu
The 78,000+ students in #nola universities and colleges will see loan interest rates double, unless Congress acts now. #DontDoubleMyRate
Newark, New Jersey Mayor Cory Booker @CoryBooker
Best long-term investment we can make in our economy is in the education of our youth. #DontDoubleMyRate
Maryland Governor Martin O'Malley @GovernorOMalley
We need to keep college affordable if we want our students to be able to compete in the new economy #DontDoubleMyRate
North Carolina State Representative Pricey Harrison @priceyharrison
College is one of the best investments America can make for our future #dontdoublemyrate
Columbus, Ohio Mayor Mike Coleman @MichaelBColeman
Interest rates on student loans could double in July if Congress doesn't act. How will this affect You? #DontDoubleMyRate
North Carolina Governor Bev Perdue @ncgovoffice
Working families need access to an affordable education. Kudos to Pres. Obama for trying to prevent student loan interest rate hikes.
Texas State Representative Garnet Coleman @GFColeman
Americans owe more on student debt than credit cards. Support President Obama's efforts to keep student loan debt low. #DontDoubleMyRates