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10/29/2021

SIGNIFICANT.  ACTION REQUEST.

Hi Everyone

This is significant.  Richard Cordray, who runs the federal loan program, said on Wednesday that they are seriously working on a change on how they handle bankruptcy on student loans.  We've been pushing them to stop opposing borrowers in court.  James Kvaal, the recently confirmed Under Secretary, assured me he was going to push for this if/when he got into office. This is what that is.

This is what we've been alluding to over the past two months, but weren't able to discuss.  We're getting very close, folks. This is big. I hope that you can understand why getting the threat of bankruptcy back is critical for getting any meaningful loan cancellation down the road, and why we've been fighting so hard for it. This puts us in the home stretch for getting this problem solved.

I hope you all can appreciate that it was us who successfully pushed Elizabeth Warren to bring bankruptcy into her campaign, and then successfully pushed Biden's campaign manager to endorse her bankruptcy plan.  It was also us who have been pushing Biden for something like this since shortly after the election.  To everyone who helped...THANK YOU.  We're starting to see the fruits of our efforts.

We need to push very hard right now, folks:
  • Will you please retweet this, and call out people close to Biden in the comments or as a quote-tweet?
  • Will you please retweet this, and call out Republican governors and Senators similarly?
  • Will you reach out to your local news stations and newspapers, and tell them to report on this, and the student loan issue generally?

Special  Request:

We want to email our petition signers directly for the next couple of months.  This would supercharge our strength, reach, and effectiveness at this critical time. This is the muscle I think we need for the final push.   Hopefully we'll be able to fund raise from them to cover this cost, but we won't know unless we try. It would also be a very large expense for us- we would need to pay about $1,300 per month to email the signers we have emails for (around 150,000 people). So far, we've raised $400 towards this, but we still need 36 people to donate $25 or more to make that happen.  Will you please help?


 
http://www.studentloanjustice.org/donate.html

 
I really hope that we can pull this off.  Please...let's make this the final push.  We are so close to our freedom.

Have a great Week-

Alan

ps.  Check out our pumpkin carving contest.  Vote for a few with a "like" (the most likes wins a gift card) :-)

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