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On Loan

Submitted by Katie Schlieper on Wed, 11/14/2007 - 19:47

Abby Hemenway, the president of the Cornell University chapter of Democracy Matters writes in the Cornell Daily Sun about the connection between campaign contributions from student loan companies the rising debt college graduates must shoulder.Hemenway and her fellow students have used this week, the Fair Elections Action Week, to spread the word on campus about the Fair Elections Now Act in the Senate that would provide full public financing for Senate campaigns and begin to even out the imbalance in the system that has created the student loan imbalance she describes. If you are interested in reading more about the interaction between campaign money from the loan industry and policies that drive students into crippling debt, go here.

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