Students, Share Your Story: How Would You Benefit from Refinancing Your Student Loans?

The rising costs of college have saddled more than 40 million Americans with almost $1.2 trillion in student loan debt – more than is owed on credit cards. This debt keeps young Americans from buying a home, saving for retirement or even starting a family, hurting our entire economy in the process.

We should give every American who wants a college degree a fair shot at the American dream by making loan repayment more affordable. 

Many borrowers with outstanding student loans have interest rates of nearly 7 percent or higher for undergraduate loans. Senate Democrats are currently working to give students the same fair shot as other borrowers have to refinance their loans at today’s historically low rates. 

If you are struggling with your student loan payments and would benefit from the ability to refinance your loans at the current lower market rate, I would appreciate hearing from you about how it would affect you personally. Please take a moment to share your story using the form below.  

Thank you,

Barbara Boxer, US Senator, California

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