Anonymous Quotes

I had loans in law school.

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.

Private student loans should be avoided at all costs.

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.

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.

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.

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.

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.

Just like credit card companies, or those student loan people. Now there's evil for you.

There are 43 million people who are locked into predatory student loan debt, from which there is no exit.

Anybody who has ever been in business, anybody who has ever paid bills, anybody who has ever lived in a serious adult life knows that indebtedness is a killer.

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

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.

If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem.

The cost of college education today is so high that many young people are giving up their dream of going to college, while many others are graduating deeply in debt.

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.

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

Rising student-loan debt is an economic emergency.

We now spend one in four of our higher education dollars sending students to these [profit making] colleges, and for that we reap a new underclass of highly indebted individuals most of whom do not manage to complete their degrees.

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.