Suze Orman Quotes

I had loans in law school.

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.

Rising student-loan debt is an economic emergency.

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

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.

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

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

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

The rising costs of higher education coupled with the stress of paying student loans are putting increasing pressure on students.

Typically, students slide into debt through the extension (by credit card companies) of unaffordable credit lines.

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

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

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.

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.

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

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.

Let's get one thing straight: No one wants Stafford loan interest rates to increase.

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.

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

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

I strongly support extending current student loan interest rates and increasing the college tuition tax credit for students and their families.

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.

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

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.