At my lowest point, I was nearly $700,000 in debt.
Nothing can kill the future dreams and goals of a new graduate than 50k of debt like an anvil over your head. I got to Indiana University not because I visited the campus and loved everything about it. I picked Indiana University because I saw a list of the top 10 business schools and it was the cheapest.
As borrowers, we may feel guilty about running up debt, anxious about making payments, and resentful of the constraints that old obligations (and old credit records) impose on our current choices. We may find it too easy to buy things we may later regret.
The day I'm able to be debt-free is the day I'm going to be the happiest guy around.
Every radish I ever pulled up seemed to have a mortgage attached to it.
It's very painful to be in debt. I'm the kind of person who would rather almost die than go into debt.
Some people worry because they are in debt; others, because they can't even get in.
I don't like being in debt, and I wouldn't borrow money for anything.
To really enjoy drugs you've got to want to get out of where you are. But there are some wheres that are harder to get out of than others. This is the drug-taking problem for adults. Teenage Weltscbmerz is easy to escape. But what drug will get a grown-up out of, for instance, debt?
If you would know the value of money; go, and try to borrow some! For, he that goes a borrowing, goes a sorrowing! and indeed, so does he that lends to such people, when he goes to get it in again!
My mother was being hounded by a debt collector over a debt that she didn't owe, and she eventually just paid it because she wanted the calls to stop. I was very surprised. It sounded so strange. I started poking around on the Internet and found this was extremely common.
