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Why is this important?  click here

Why doesn't 1787 support "free college for all?"  click here

1787 PLAN OF ACTION

Serve your country, get education benefits — to include both military and civilian public service.
Continue the student loan categories currently offered by the Direct Loan Program.
Eliminate ​ICR, PAYE, and REPAYE. Merge all outstanding loans in these plans into the Income-Based Repayment (IBR) program.
Undergraduate: Change the Income-Based Repayment (IBR) program to 10% of discretionary income and loan forgiveness after 15 years.
Graduate: Change the Income-Based Repayment (IBR) program to 12.5% of discretionary income and loan forgiveness after 20 years.
"Service for School" will replace the Public Service Loan Forgiveness Program. PSLF should be supported until then (with a major caveat!).
Honor the promises that were made by the U.S. federal government when Congress enacted the Public Service Loan Forgiveness program.
Continue the Federal Pell Grant Program. Merge the Federal Supplemental Educational Opportunity Grant into the Pell Grant Program.
Continue the Teacher Education Assistance for College and Higher Education (TEACH) Grant.
Restore significant federal oversight of private student loan companies.
Restore significant federal oversight of predatory for-profit colleges.
Reinstate the Gainful Employment Regulation, which compares how much students borrow with how much they earn after graduation.
Explore Income Share Agreements, an arrangement where borrowers pledge a percentage of their future income against debt.
Do not allow government agencies to seize state-issued professional licenses from people who default on their student loans.
Expand the "Iraq and Afghanistan Service Grant" to include students whose parent/guardian died because of military service anywhere.
Debt & default among Black college students is at crisis levels. Understand and address the unique challenges faced by students of color.
We look forward to the day when affirmative action is no longer necessary. Unfortunately, we are not quite there.
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