MUSC Student News & Events
Perkins Call-In Days
Wednesday, March 10 and Thursday, March 11
Dear Perkins Loan Advocates:
COHEAO is pleased to announce “Perkins Loan Call-In Days” are scheduled for Wednesday, March 10 and Thursday, March 11. Please call your legislators to share your concerns with the Perkins proposal in the student loan legislation that Congress is considering (SAFRA) and to support an alternative solution.
Due to the legislative process for another important issue (health care), there are indications a new version of the student loan bill could come from either the House of Representatives or the Senate. As such, it is extremely important you call offices in both the House and the Senate on Wednesday or Thursday.
Visit http://www.contactingthecongress.org/ and enter your zip code to find contact information for your legislators. We have also attached a listing of offices by state with phone numbers. If you would like contact information for a particular legislative aide in your Member’s office, please contact Wes Huffman (email@example.com).
Calls from constituents to Congressional offices can be extremely effective in raising the profile of a particular issue. However, these offices receive hundreds of calls on a daily basis, so it is important to present your issue in the most clear and concise way possible. Attached are several documents explaining COHEAO’s position on Perkins reform. The following is a brief summary:
- Campus-based loan servicing is an effective tool for helping students manage their debts, but the SAFRA legislation proposes eliminating campus-based servicing with the new “Direct Perkins Loan Program.”
- Thank you for your support of COHEAO. Please provide the feedback you receive from Congressional offices to Wes Huffman (firstname.lastname@example.org). If you have any questions, please feel free to contact Wes via email or by calling 202.289.3910.
- The loan forgiveness provisions unique to the current Perkins program should be maintained to the extent possible – full forgiveness after five years with pro-rated forgiveness for shorter periods of public service.
- This effective debt management tool can be maintained with an alternative supported by COHEAO that provides colleges and universities with the option to choose between campus-level or Department of Education servicing for the new “Direct Perkins Loans”.
- Eliminating campus-based servicing would result in the loss of jobs and debt management expertise at both colleges and universities and the vendors who serve them in the current program. [If you can provide a number of jobs at your institution or organization that would be lost, be SURE and say so.]
- Future Perkins Loan borrowers will see their costs increase by as much as $5,000 under the new “Direct Perkins Loan Program” created in the SAFRA legislation with the elimination of the in-school interest benefit—this benefit is critical for the needy borrowers the program serves.