Suze Orman Quotes

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

Too many young people graduate laden with debts that take years, if not decades, to pay off.

I listened to the students on campus in Plymouth, worried about their steadily deepening debts and how on earth they would ever escape them.

Debt is a trap, especially student debt, which is enormous, far larger than credit card debt. It's a trap for the rest of your life because the laws are designed so that you can't get out of it. If a business, say, gets in too much debt, it can declare bankruptcy, but individuals can almost never be relieved of student debt through bankruptcy.

Many a poor soul has had to suffer from the weight of the debts on him, finding no rest or peace after death.

The federal government requires that its loans be paid back within 10 years of graduation, and Harvard has pegged its loans to the same 10-year timetable. Yet despite Harvard's low default rate, the idea of years of loan debt is daunting for some students even before it's time to pay back.

I finished my higher education deeply in debt and with seven years of bad credit in my future.

It's more likely in America that your parents will file for bankruptcy than divorce. We think of divorce as so prevalent, but we all know that happens because somebody moves out of the house.

A man in debt is so far a slave.

There is scarcely anything that drags a person down like debt.

When I went to law school, which I put myself through for $100,000 dollars of debt, I didn't expect anybody to pay for my health insurance, which I had none of. No health insurance.

Voters care only that student loans remain freely available and that they cost taxpayers as little as possible.

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

I became a freelance stylist to survive, and then I had a kid. I bankrupted in 1988 and had a kid in 1990.

If it isn't the sheriff, it's the finance company; I've got more attachments on me than a vacuum cleaner.

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

Ten million dollars after I'd become a star I was deeply in debt.

The evergreen story of people in debt becomes even sexier in an economic downturn, when debts inevitably get harder to pay.

We all know of families who have obligated themselves for more than they could pay. There is a world of heartache behind such cases.

Some economists estimate that for every family that goes bankrupt, there are about 15 more who are in the same amount of financial trouble and would profit from bankruptcy but just haven't filed.

I have huge debts, and know of no other way to resolve them than to re-enter the slave trade.

Debt is a prolific mother of folly and of crime.

Almost half of the bankruptcies in the United States are connected to an illness in the family, whether people had health insurance or not. Middle-class Americans, who had the misfortune of either experiencing a medical emergency themselves or watching a family member suffer, were then forced to face the daunting task of pulling themselves out of debt. Bankruptcy law has allowed them to start over. It has given hope

Debt is the prolific mother of folly and of crime; it taints the course of life in all its dreams.

At my lowest point, I was nearly $700,000 in debt.