Victory for President Obama on Student Loans

On Friday, July 6th, David Plouffe, Senior Advisor to the President, sent out this email to Obama supporters:

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Good afternoon --

It's July, and because Congress finally took action, 7.4 million students no longer have to worry about the interest rates on their Stafford loans doubling.

That's great news, but it was far from certain. Just a few weeks ago, it wasn't clear that it would happen.

We got this done because of you.

Americans like you spoke up on this issue. You took to Twitter and Facebook. You sent emails and talked to your friends and neighbors. And in the end, your voices made all the difference.

Last week, we sat down with a group of students who were watching this fight closely -- because the choice that Congress made would have an impact on each of them. They talked about what this legislation means, and why it was so important to speak out on this issue.

What they had to say was a powerful reminder of how everyday Americans can make their voices resonate in Washington -- and it's the kind of thing that can get you fired up for the fights ahead.

[Click here to view the video]

Last year, when you spoke out on extending the payroll tax cut, you changed the debate. We saw the exact same thing last week with the fight for student loans.

These were both huge victories for the American middle class that couldn't have happened without you.

And it's exactly the kind of effort we'll need in the weeks and months ahead.

We're working to make it easier for responsible homeowners to refinance their mortgages. We're pushing Congress to take action to create jobs and get our economy back on track. We're working to reward businesses that create jobs here in America instead of the companies that ship jobs overseas.

And we need your voices in every single one of those fights.

We'll be in touch with more ways you can stand with President Obama to move our country forward. But for now, check out this video to remind yourself of the power you have:

http://www.whitehouse.gov/why-your-voice-matters

Thank you,

David

David Plouffe
Senior Advisor to the President

P.S. -- If you're a homeowner struggling to refinance your home, we want to hear from you. Learn about the President's plan to help responsible homeowners refinance and share your story:

http://www.whitehouse.gov/refi