This combined with this email from MoveOn.org this afternoon - 

Dear MoveOn member,

Forgiving the student loan debt of all Americans will have an immediate stimulative effect on our economy. With the stroke of the President’s pen, millions of Americans would suddenly have hundreds, or in some cases, thousands of extra dollars in their pockets each and every month to spend on ailing sectors of the economy.

As consumer spending increases, businesses will begin to hire, jobs will be created, and a new era of innovation, entrepreneurship, and prosperity will be ushered in for all. A rising tide does, in fact, lift all boats—forgiving student loan debt, rather than tax cuts for corporations, millionaires and billionaires, has a MUCH greater chance of helping to raise that tide in a MUCH shorter time-frame. 

The future economic success of this country is wholly dependent upon a well-educated, prosperous middle class. Instead of saddling entire generations with debt from which there is no escape, let’s empower the American people to grow this economy on their own!

That’s why I created a petition on SignOn.org, calling on President Obama and Congress to support legislation seeking student loan forgiveness as a means of economic stimulus.

Will you sign the petition? Click here to add your name, and then pass it along to your friends:

http://www.moveon.org/r?r=263764&id=31019-8719986-LGAtNhx&t=2

Thanks!

–Robert Applebaum

The text above was written by Robert Applebaum, not by MoveOn staff, and MoveOn is not responsible for the content. This email was sent through MoveOn’s secure system, and your information has been kept private.

creelfish:

very unfair.

motherjones:

Chart of the Day: The amount that students owe quintupled between 2000 and 2011. For more, check out our MoJo College Guide.