Multnomah County Democratic Party Central Committee

Resolution 2022-8: A Call to End Federal Student Loan Interest

Whereas, public education is an investment in the future of our society, and money invested in federal student loans goes directly into the education of the next generation;

Whereas, students should have the fewest barriers possible to increase their educational opportunities;

Be it resolved that the Democratic Party of Multnomah County calls on Oregon’s elected representatives in the U.S. House and Senate to introduce and advocate for the following changes to current federal loan policies:

1. Stop charging interest on student loans, for currently outstanding loans and as part of future federal student loan contracts.

2. Clear unpaid interest from outstanding balances.

3. Retroactively apply all student loan interest paid to date to any remaining principal on outstanding loans. Should there be a remaining balance of interest paid, credit it to the debtor as a tax credit to be used over a generous balance of years.

Adopted unanimously by the Multnomah County Democratic Party on December 8th, 2022

Resolution submitted by: Kavan Bahrami (SCC Delegate, PCP HD43)

Endorsed by:

Klamath County Democratic Party, on January 3rd, 2023 - unanimously
Democratic Party of Clackamas County, on January 19th, 2023

Jefferson County Democrats, on February 20th, 2023 - unanimously

American Federation of Teachers-Oregon, Political and Legislative Affairs Committee

Martin Mendelson, PCP HD38
Andrea Haverkamp, PCP HD42

Sally Joughin, PCP HD42

Joanna Bulkley, PhD., PCP HD44

Danielle Dawes Cox, PCP HD45

Patrick Leyshock, PCP HD45

Tara Kreft, PCP HD46

Deian Salazar, PCP HD47

Sam Kahl, PCP HD47

Deanna Cintas, PCP HD48

Greg Burrill, PCP HD48

Peter Hall, Baker Co. Dem. Party Chair, PCP HD60