Quotes About Student loans

College dropouts with significant debt struggle with repayment over the course of their lives and do not receive the benefits afforded to their peers who have debt but obtain higher-paying jobs as a result of college completion.

I never had the high-paying job or the company car. It took me over a decade to pay off my student loans. I never had to worry about where to dock my yacht to reduce my taxes.

Pell grants are critical tools for lower- and middle-income students to access higher education, and by expanding access to year-round courses, we can help non-traditional students complete their education sooner, allowing them to start their careers and pay off their loans.

The problem in a lot of low-income countries is that people take out loans to go and get degrees, which are then irrelevant in the job market.

I can't tell you how much debt I took on to attend New York University because, at the time, I didn't care to notice. And besides, what teenager has a clue about interest rates? What I can tell you is that by my mid-20s, I owed somewhere around $50,000.

There's a reason that there are oodles of young Aussies, Germans, Japanese, even Chinese backpackers traipsing around the world. They are unencumbered by debilitating student loans. No such luck for the American Theater Arts major with $120,000 in loans.

Navient/Sallie Mae treated student loan borrowers unfairly from start to finish.

Harvard was need-blind (that was significantly why he had chosen it), but even his generous financial aid package didn't cover everything. He didn't owe much, but he couldn't conceive of asking Dong Hyun and Bong Cha to help with his loans, and he had not gone to Harvard to be a poor person.

Student loans are delaying retirements. They're suppressing the housing market. They're suffocating new business formation. They're even leading young people to delay getting married and having children.

When students have access to low-interest loans and government aid, colleges have no incentive to cut costs. Why should a college lower tuition if more students are able to pay with subsidized loans from the government?

A debt-free bachelor's degree is, as it turns out, priceless: As Jane Austen puts it, it sets you up forever. My friends were still paying off their school loans in their forties. I never had any school debt at all. Because I had no debt, I could choose my life, and choose my adventure.

In the United States, we have a buildup of student loans that automatically transfer to these rent extractors. In a way it is no different from racketeering: one needs a decent university "name" to get ahead in life; but we know that collectively society doesn't appear to advance with organized education.

To have come of age during and after the global financial crisis of 2008 is to belong to a generation often unable to do what an American could once expect, and to do what was once expected: Get a job, pay off student loans, and find a place of your own.

Quite frankly, Barack Obama knows what it's like to pay a mortgage and student loans. He knows what it's like to watch a beloved family member in a medical crisis and worry that treatment is out of reach. Barack Obama knows our struggles. And, my friends, he shares our values.

In other words, over those three decades, while the number of students grew by half, the amount of money they borrowed each year increased twelvefold.

over those three decades, while the number of students grew by half, the amount of money they borrowed each year increased twelvefold. For the financial industry, a small revenue stream turned into a great roaring river.

We tell people to go to college, but when they cross the stage, they cross the stage with a degree in one hand and debt in the other that stifles their ability to be able to live that good life.

One of the greatest obstacles to escaping poverty is the staggering cost of higher education.

Students who acquire large debts putting themselves through school are unlikely to think about changing society. When you trap people in a system of debt, they can't afford the time to think.

The whole student loan thing drives me completely nuts. If it wasn't possible for 18-year-olds to sign themselves up for tens of thousands of dollars in debt in order to pay their college bills, the state governments wouldn't have found it so politically easy to cut taxpayer support for public colleges and universities.

American universities are so expensive. My family couldn't afford to send me, so I took out student loans and had to pay my own way.

Ending up-front fees should make it far easier for all students to go to university as they will no longer have to pay up to /1,125 out of their loans at the start of each year. Student loans will also rise to meet average living costs.

Ever since going up to university, I have accumulated new debt, and new means of becoming indebted.

I went off to the University of California, Santa Barbara, on a boatload of loans, sights set on becoming a doctor or a lawyer.