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Received this e-mail from Congressman Sean Patrick Maloney (D. NY-18):
Take Action Now! Join us and tell Congress: College costs enough NO to student loan hikes. Sign now:

http://www.seanmaloney.com/...

My son is working on his college education. My girls will be there before I know it. So I don’t need to tell you: it’s expensive.

Every parent wants his or her child to have a great education – an opportunity to succeed. But that’s becoming more difficult for families to afford, and it’s things like this that keep parents up at night.

That’s why it would be unconscionable for Congress to allow interest rates on federal student loans to increase. But if Congress fails to act before July 1, the rates will double... Double!

Click here to join a few of my colleagues and me – help us tell Congress: College costs enough - NO to student loan hikes:

http://www.seanmaloney.com/...

New York families can’t afford it, plain and simple. If we don’t act immediately, a college education will slip out of reach for many students. That’s totally unacceptable. We must act – now.

Quality education fuels our economy. Refusing to invest in education is horribly shortsighted and ultimately bad for economic growth.

We should be making it easier to send kids to college – not harder. But if interest on federal loans doubles, 422,000 New Yorkers will see their loan payments soar.

This can’t happen. If you stand with us today – so we can show our opponents in Congress that the public stands with us – then we will stop it.

Sign here. Tell Congress to stop student loan rates from soaring:

http://www.seanmaloney.com/...

Your voice will make a huge difference for families everywhere. Thank you for your passion and commitment.

Sean

You can sign Maloney's petition here:

http://www.seanmaloney.com/...

Originally posted to pdc on Fri May 24, 2013 at 08:05 AM PDT.

Also republished by The Democratic Wing of the Democratic Party.

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Comment Preferences

  •  Tip Jar (2+ / 0-)
    Recommended by:
    Involuntary Exile, RhodaA

    Funny Stuff at http://www.funnyordie.com/oresmas

    by poopdogcomedy on Fri May 24, 2013 at 08:05:11 AM PDT

  •  important but what about Keystone vote? (3+ / 0-)
    Recommended by:
    tardis10, milkbone, Ckntfld

    Sorry to thread jack but what about the egregious vote on Keystone? I'm curious if there's an explanation coming and relatively sure that staffers are watching these threads.

    If you didn't like the news today, go out and make some of your own.

    by jgnyc on Fri May 24, 2013 at 08:17:06 AM PDT

    •  I can't explain that vote, you'll have to take it (0+ / 0-)

      up with his staff.  

      Funny Stuff at http://www.funnyordie.com/oresmas

      by poopdogcomedy on Fri May 24, 2013 at 08:20:02 AM PDT

      [ Parent ]

      •  hey staff if you're reading this ... eom (0+ / 0-)

        If you didn't like the news today, go out and make some of your own.

        by jgnyc on Fri May 24, 2013 at 08:35:45 AM PDT

        [ Parent ]

      •  Maloney's staff has a LOT of 'splainin' to do... (2+ / 0-)
        Recommended by:
        milkbone, Ckntfld

        ...on a LOT of things, IMHO. See my comment, a few lines down, with plenty of links.

        SKD Knickerbocker can only spin so much...they're the best in the business...but, the reality of where Maloney's standing (which is neck-deep in Wall Street and Big Oil, so far) on too many issues is becoming more and more obvious, by the day.

        --Keep student loan rates where they are? How about what Senator Warren's pushing for: LOWER student loan rates.

        --One of 19 Dems to vote FOR Keystone XL! Seriously? Even many of the Republicans that run for NY-18 no better than to try pushing that sh*t in the Lower Hudson Valley. (Maloney's my congressman.)

        --Heavily in the pockets of Wall Street. And, proud of it!

        --At the forefront to keep derivatives trading opaque and out of reach from regulatiors? Seriously?!?!

        This guy's starting to make Chuck Schumer look like he's tough on Wall Street. And, that's a pretty damn hard thing to do!

        If this is what the next 19 months of Congressman Sean Patrick Maloney's first term in D.C. looks like, it's going to be a bumpy ride! Nice try on preempting the push to LOWER student loan interest rates (trying to posture oneself to appear like he's an advocate to keep them where they are)?!?!?! Seriously?!?!?

        Is that all ya' got Sean?

        "I always thought if you worked hard enough and tried hard enough, things would work out. I was wrong." --Katharine Graham

        by bobswern on Fri May 24, 2013 at 09:18:00 AM PDT

        [ Parent ]

  •  Maloney has been a tremendous disappointment... (3+ / 0-)
    Recommended by:
    DeminNewJ, milkbone, Ckntfld

    ...so far. (He's my congressman.) He has been a major disappointment to Progressives in his district, and he's not even 6 months into his first term.  

    He should be taking some queues from
    Senator Warren and Joseph Stiglitz on this issue (from USA Today on Wednesday)...

    ...A proposal by Sen. Elizabeth Warren, D-Mass., to reduce interest rates on student loans has one big economic backer: Nobel Prize laureate Joseph Stiglitz.

    Warren's proposal would tie the interest rate on Stafford student loans to the Federal Reserve's discount rate, currently, 0.75%. Government-subsidized Stafford loans have a 3.4% interest rate, and are scheduled to rise to 6.8% this summer, unless Congress decrees otherwise.

    College graduation has become a big factor in whether students succeed later in life, Stiglitz says. "The life chances of a young American are more dependent on the income and education of their parents than in other industrial countries."

    Maloney was one of only 19 Democrats in the House who just voted FOR Keystone XL.

    He's all but totally in the pocket of Wall Street, already. And, quite shameless about it. And, he's been at the forefront of the recently-successful effort to keep derivatives trades as oblique as possible.

    "I always thought if you worked hard enough and tried hard enough, things would work out. I was wrong." --Katharine Graham

    by bobswern on Fri May 24, 2013 at 08:44:47 AM PDT

    •  "Oblique" s/b "opaque".... n/t (0+ / 0-)

      "I always thought if you worked hard enough and tried hard enough, things would work out. I was wrong." --Katharine Graham

      by bobswern on Fri May 24, 2013 at 08:49:21 AM PDT

      [ Parent ]

    •  Thanks, Bob (2+ / 0-)
      Recommended by:
      bobswern, Ckntfld

      I'm in his district, too, and Maloney seems to be one of those guys who uses his positions on social issues to obscure his basic neo-liberal economic positions (all too common in New York Democrats).

      Hige sceal þe heardra, heorte þe cenre, mod sceal þe mare, þe ure mægen lytlað

      by milkbone on Fri May 24, 2013 at 10:10:21 AM PDT

      [ Parent ]

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