Ken Starr Quotes

Private student loans should be avoided at all costs.

The only thing wrong with student loans is that you have to pay them back.

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.

About two-thirds of bachelor's degree holders borrow to go to school, and on average they're graduating with more than $26,000 in debt.

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

The loans I took out for my undergraduate degree were manageable. But my legal education was more expensive, and I paid for it almost entirely through public and private loans.

Financial Aid Office (FAO) administrators are scrambling to educate students on repaying loans, but a disparity in knowledge persists.

Many students graduate from college and professional schools, including those of social work, nursing, medicine, teaching and law, with crushing debt burdens.

Since most American students cannot simply pay their full tuition out of pocket, financing a college education often takes the form of loans, both private and from the government.

Rising student-loan debt is an economic emergency.

Both on an individual and a national scale, debt imprisons.

Without any formal personal finance instruction in our high school or college curricula, many college seniors who graduate in the red will continue to make common financial mistakes that only exacerbate their debt burdens.

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

Borrowing to pay for college used to be the exception; now it's the rule.

Poorer students take out larger loans and will have to contribute more to the cost of higher education.

Student loan debt is a real problem. People want to have serious conversations about that.

I don't come from a family that had the money to put me through college, so I left school with $100,000 in student loan debt.

It's very hard for students not to be in debt unless they've got big scholarships or rich parents. And it's called investing in your future, but like any investment it's risky because your future is an unknown quantity. However, if you don't invest in your future, you may be flipping hamburgers for the rest of your life. So it's a real dilemma.

At most schools, if you switch majors, you basically start over. That means more semesters... and more money. The former might be appealing, but the latter is a major problem for a demographic already saddled with student debt.

We should be trying to make education less expensive, not more.

When bright young minds can't afford college, America pays the price.

Debt certainly isn't always a bad thing. A mortgage can help you afford a home. Student loans can be a necessity in getting a good job. Both are investments worth making, and both come with fairly low interest rates.

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

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.

College gives people learning and also takes away future opportunities by loading the next generation down with debt.