Quotes About Debt

The new American dream is one of responsibility. What is the bottom-line number that you're going to be able to pay back toward a student loan responsibly if you're doing it yourself after you have a job? That dictates the amount of money you can borrow. That dictates the school you can go to, if you can even go to a four-year college at all.

Bankruptcy laws allow companies to smoothly reorganize, but not college graduates burdened by student loans.

Profiting from student loans is usury, and we just can't continue to allow it.

Private student loans should be avoided at all costs.

Credit card companies pay college students generously to stand outside dining halls, dorms, and academic buildings and encourage their fellow students to apply for credit cards.

Student loan debt is the reason I don't advise students who want to become entrepreneurs to apply to elite, expensive colleges. They can be as successful if they go to a relatively inexpensive public college.

Students from disadvantaged backgrounds will have the most debt, and then, being less likely than their affluent peers to go straight into high paying jobs, they will spend most of their working lives trying but failing to pay off that debt.

Students graduating with high debt encounter difficulties in qualifying for home and automobile loans.

I wanted to avoid all that literary stuff. I didn't want the self pity of 'The Portrait,' all the moaning and the whingeing. I'm not knocking Joyce: we all owe him a debt. He's the one who made so much possible.

For each letter received from a creditor, write fifty lines on an extraterrestrial subject and you will be saved.

These subsidies from four European governments, which include aircraft launch assistance, capital injections, debt forgiveness, have enabled Airbus to develop and range market airliners well below cost.

I have serious concerns about whether it's prudent to give any foreign country substantial leverage over the U.S. economy. Instead of spending $80 billion on important programs here at home, we're sending this money overseas just to pay interest on our debt.

My message to students is that if you want to become an entrepreneur and save the world, definitely don't skip college. But go to a school that you can afford. You'll be freed from the chains of debt and succeed on your own ambition and merit.

By issuing our own money we can eliminate all income taxes and employment taxes and the national debt would cease to exist.

Always borrow money from a pessimist, he doesn't expect to be paid back.

If someone takes your time, it is the only debt that can't be repaid.

What ideas—practical to wild—do you have about how you'd pay off all your debt?

By late 2017, consumer debt had topped $3.7 trillion, more than double the total at the end of 2000. That's more than $11,000 for every man, woman, and child in the country.

Some of us just accept debt as a part of adult life and trod on, shackled by consequences we don't fully understand.

What kind of society turns its young people into a profit center for the debt industry?

You'll flatten your debt and develop a natural resistance to spending more than you have for things you don't want to impress people you don't like (to paraphrase Robert Quillen).

A creditor is worse than a slave-owner; for the master owns only your person, but a creditor owns your dignity, and can command it.

Slight was the thing I bought, small was the debt I thought, Poor was the loan at best - God! but the interest!

I have a debt, a loyalty to the museum; the best place for me to do what I wanted to do.