President Obama Is Waiting For Your Text Message
06:38 PM EST
Ask President Obama About Student Loans: Text PREZ to 38383
Have a question for President Obama about student loans? Now’s your chance to ask him.
Text PREZ to 38383, and submit your question. Each day this week, the President will pick one question to answer, and text back with his response. Here's more about how it works.
President Obama is committed to keeping college within reach for all Americans, which is why he’s already made historic investments in college affordability, including expanding Pell grants and creating a tax credit worth up to $10,000 to help families cover the cost of college.
But, unless Congress acts soon, interest rates on new subsidized student loans are set to go up on July 1. Higher interest rates will leave millions of students who rely on loans to finance their education with higher loan payments as they work to graduate, begin their careers, or buy a house.
President Obama has put forward a plan that would keep interest rates from doubling in July, cut rates on nearly all new student loans, and make sure all students have access to affordable loan repayment options.
Want to know more about President Obama’s plan? Text him and ask about it. You can also learn more about DoSomething.org, the largest organization for young people and social change in the U.S. that’s helping field questions from young people about student loans and college affordability.