Darryl Glenn Quotes

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

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

If lenders are forced to scale back student lending because private student loans are subject to bankruptcy discharge, many students will be denied access to higher education.

The burden of student loan debt weighs heavily on both students and families across New Jersey.

If there were no government-guaranteed student loans, college tuition would be much lower.

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

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

The whole student loan thing drives me completely nuts. If it wasn't possible for 18-year-olds to sign themselves up for tens of thousands of dollars in debt in order to pay their college bills, the state governments wouldn't have found it so politically easy to cut taxpayer support for public colleges and universities.

Students take out loans with the expectation that they will receive an education that sets them up for success - yet too many students are left with enormous debt from predatory institutions and no education to show for it.

When SoFi launched in 2011, it focused squarely on the burgeoning student loan market - a market that, unlike housing, had no viable option to refinance both federal and private student loans from higher interest-rate eras.

Students are up to their eyeballs in loans, and it's going to get even worse. It's going to be hideous, actually. Students are going to be saddled for life. It's going to put a lot of people off going to college, which is a shame.

We need to make college affordable in price, and also have lower-cost student loans and more available grants for students.

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

You might say those who can't repay their student debts shouldn't have borrowed in the first place. But they had no way of knowing just how bad the jobs market would become.

For too many years, politicians in Washington have been eager to pledge more hard-earned taxpayer dollars to help deal with the student debt load. But this doesn't sit right with the many Americans who take pride in making fiscally responsible choices and paying off their loans on time.

Part of Obamacare eliminated the private sector financial market that engages in giving college student loans. I mean, now the federal government has taken over college student loans, so I sit back and strategically look at this and say this just cannot be happening.

Rising student-loan debt is an economic emergency.

That just doesn't make sense, that government should be making money off students.

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 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.

I introduced the FREED Vets Act to make student debt forgiveness for disabled veterans automatic, both now and in the future, regardless of who is in the White House.

The FREED Vets Act will make student debt forgiveness for eligible disabled veterans automatic, both now and in the future.

The Millennial Generation is being crushed by soaring college costs and student loan debt, and as lawmakers, we must find solutions to address affordability and flexibility in higher education.

And I want to work with this Congress, to make sure Americans already burdened with student loans can reduce their monthly payments, so that student debt doesn't derail anyone's dreams.

Virtually all student debt in the US is now held by the federal government. It would therefore be a relatively simple matter to forgive some, if not all of it. This would enable young people to transition much more easily into creating their own households and families. At the same time, if the government is going to enact a major program of student debt forgiveness, it should be at least equally committed to relieving the heavy mortgage debt burdens still carried by tens of millions of non-affluent households in the aftermath of the 2007-09 financial crash and Great Recession.