David Fahrenthold Quotes

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

If you think nobody cares if you're alive, try missing a couple of car payments.

No 22-year-old should have to enter the real world already in a virtual debtors' prison.

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

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

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.

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.

The perils of credit and debt, especially perilous in the computer age, have long been acknowledged in pop culture, but very infrequently by TV.

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

If you owe $50,000 for your education, you are not going to be able to start a small business when you graduate.

High school seniors should receive help in how to think about a student loan and how to make sure that the education bought with the loan offers good prospects for repayment.

Do not enter into an agreement you cannot afford. Take precautions to avoid institutional loans with double-digit interest rates.

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 promise not to take my thousands of dollars in student loan debt and move to Mexico. At least not right away.

At a lot of college graduations, you'll hear people say, 'Follow your passions,' and that is important, but no one talks about the stress of not having enough money, the issues of debt, and the issues of work stress.

I've been able to pay the bills. I've been able to pay off my student loans. I was a homeowner before anything happened in the larger public eye.

When I bought my first house I had all these red flags on my credit report because I bounced a bunch of checks to places like Pizza Hut and stuff like that for $13 or $15 because I was trying to feed my O-linemen.

Better educating our college students on the risks of high student debt and helping them to find alternatives to taking out student loans would help make the difference to their financial future.

Whether we are working to pay off student loans, credit card debt, paying for elder or childcare, or even trying to save for retirement, the idea of the American dream still remains just that - a dream.

On New Year's Day 2008 I had two bailiffs turn up on my doorstep and because I had so little income I had not been paying bills, and I respect the concept of paying bills, I'm very much in favour of it, I just couldn't quite get it together.

It's important for students to learn to make smart money management decisions before heading off to college or the entering the workforce.

There's nothing normal about graduating with massive student debt, where you live in fear of predatory debt collectors and wage garnishers even as you are starting to live your life.

Don't take risk, and don't get into debt.

I am disappointed that Senator Ayotte has voted repeatedly for deep cuts in Pell Grants that would make college more expensive for thousands of New Hampshire students and voted against allowing young people to refinance their student loans.

I know what it feels like to hit financial turmoil, to be hit with the threat of losing your home. I kept working, I kept looking for resources to improve my situation.