Press Releases

RNC Unveils #DontDoubleMyRate Student Loan Countdown Clock And Petition

WASHINGTON – Today, the Republican National Committee unveiled a #DontDoubleMyRate countdown clock and petition asking Americans to tell President Obama and Senate Democrats to stop student loan rates from doubling before it’s too late on July 1st. Instead of doing their jobs to protect college graduates across the country, Harry Reid and Senate Democrats have stood in the way of bipartisan solutions.
“If the Democrats in Washington don’t act before July 1st, student loan rates are set to double, taking more money out of the pockets of college graduates who are already struggling under Obama’s economy,” said RNC Chairman Reince Priebus. “The Republican-controlled House of Representatives saw the problem coming and passed student loan relief last month that was largely based on an idea put forward by President Obama. Senate Majority Leader Harry Reid and his Democrats in the Senate are leaving town without a solution—proving they are not interested in helping those burdened by student loans.”
“As Democrats head home to celebrate Independence Day, Americans are watching the clock. Sign our petition to tell President Obama and Senate Democrats to act before it’s too late.”
See the RNC’s #DontDoubleMyRate countdown clock and sign the petition: