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CEDR has authored a BILL for Educational and Student Loan Reform
Added: (Tue Jun 30 2009)
Boston, MA (PRWEB) Monday June 27th, 2009 - FOR IMMEDIATE RELEASE
Citizens for an Educated and Democratic Republic- CEDR. has been established to provide a voice for student loan and educational reform. CEDR (http://cedr.yolasite.com/) has authored a BILL and has presented it to many in Congress. We are bringing attention to the countless lives that have been exploited by legislators and private commercial interests in the area of student loan legislation . Current legislation past and pending are unsatisfactory and only help the student loan creditors. The present legislation has caused grave harm to many citizens and their families for decades.
Presently, there is no relief, where principal balances are multiplied and protected by law. Student loan debtors are too often manipulated into default and are preyed upon by viscous debt collection agencies who are empowered by unconstitutional means to intrude upon their lives, their professions, their income, and have no due process to fight it.
The present legislation provides for creditors making tremendous profits at the expense of too many citizens. These citizens have spiraled down to poverty level and are under great stress because they do not see an end in sight to their student loan debt problem. One issue is tied to a citizens’ inability to pay off their student loan debt. For many, their struggles have continued for decades, taking a toll on their marriages, health, and an increasing inability to live and survive in a worsening economy. At the present time, there is no relief, where principal balances are multiplied and protected by law. Student loan borrowers default more often than not, through no fault of their own, and are preyed upon by viscous debt collection agencies who are empowered by unconstitutional means to intrude upon their lives, their professions, and take away their income without due process. Too many people have left the country, gone off the grid, and remain despondent. We want to reach the people who are affected and bring to their attention, they do have a voice if they will only use it. Too many people have left the country, gone off the grid, and remain despondent. We want to reach the people who are affected and bring to their attention, they do have a voice if they will only use it.
Please contact us through our website (http://cedr.yolasite.com/) student loan legislation on behalf of many citizens who have been exploited by current legislation in Congress and who are unrepresented with current and pending legislation.
For additional information on the news that is the subject of this release or for a copy of the BILL please see http://cedr.yolasite.com/
Contact:
Peter O’Lalor or Paula McKibbin, Esq. through our website.