While the thought of graduating from college is already scary enough—Where am I going to live? What am I going to do with my life? How am I supposed to live and succeed entirely on my own?—graduation can be made even more daunting by the prospect of student loans. The average college graduate already carries more than $26,000 in student debt and, on July 1st, the interest rates charged on subsidized loans could potentially be doubled, increasing from 3.4 percent to 6.8 percent. How can you find out more about this impending rate increase? Is there anyone you can turn to with your questions and concerns?
Now, you can get the answers that you deserve, and from the person who knows best about the situation: the Commander-in-Chief himself.
This week, DoSomething.org, the country’s largest non-profit for young people and social change, is teaming up with The White House to answer your questions about student debt – through texting! Every weekday morning this week, Text With The President will put out a call for questions, and every afternoon President Obama will answer a selected question through SMS, with students nationwide receiving the President’s response. All you have to do is text PREZ to 38383, submit a question to President Obama that you’d like answered about student debt, and each day you’ll receive Obama’s response to the selected question.
“Paying for college is the number one challenge for young people, and the number one way they communicate is via text,” says Aria Finger, the DoSomething.org COO. “We’re so pumped that being a DoSomething.org member means you have the chance to share your concerns with the President.”
By utilizing the immediate nature of SMS communication, DoSomething.org is using this program to enable the President to become directly connected to students and their concerns. Do you have concern about the potential increase of student loan interest rates? Send a text to the President today!
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