Education Financing Quotes

I realized some time ago that, while there are really, really high quality schools in urban India - my daughter attends one - there are very few high quality schools in rural India. And that is mostly because of the perception that there are not enough people to pay a reasonable fee in rural India.

Government's running the student loan program; what in the world could be wrong with it? If the government's running it, if Obama's taken it over, and he's got a lot of compassion, a big heart, loves people, what could possibly be wrong with it? And then the subject of tuition came up, and how come tuition never gets cut? Why does tuition always go up? Guarantee, folks, when you subsidize something, if you run a university and the government's gonna subsidize parts of your operation, why in the world should you cut anything?

We build schools and give government loans and grants to college kids; for those of us who are parents, tuition will often be the last big subsidy we give the children we've raised.

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

It's not right that Donald Trump can ignore his debts, but students and families can't refinance theirs.

For too long, we financed our schools in a way that has systematically left large segments of our population behind.

Students can spend their money better than government can. It should not require a federal loan and decades of debt for students to get a college degree. Price limits access - plain and simple.

We can talk about republican or democratic approaches to the economy, but until you fix the student loan bubble - and that's where the real bubble is - and the tuition bubble, we don't have a chance. All this other stuff is shuffling deck-chairs on the Titanic.

You can be a lender who wants to compete and have a better product, but you just can't get to the students. The schools are controlling the access to the students.

We must fundamentally restructure our student loan program. It makes no sense that students and their parents are forced to pay interest rates for higher education loans that are much higher than they pay for car loans or housing mortgages.

Cost recovery is the polite way of saying, make families pay to educate their children.

We are trying to make up these other elements by gaining cost efficiencies through our reengineering process and through overt fund-raising activities to better support graduate education.

It does not stand to give banks millions of dollars at an interest rate of one percent, when banks charge students an interest rate of 6 percent. Why should the banks be scalping students?

I played football, honestly, to get a scholarship.

Increasing access to federal student loans has been a bipartisan effort in Washington, one that I have supported. But it has created what many experts believe is a bubble in higher education, not unlike the housing bubble that preceded the financial crisis.

I feel sorry sometimes for these sportsmen and women who put in just as much effort as the footballers. For example, athletes train at least as hard as footballers but have to be happy if they can earn enough to finance a decent education.

Sallie Mae sounds like a naive and barefoot hillbilly girl but in fact they are a ruthless and aggressive conglomeration of bullies located in a tall brick building somewhere in Kansas. I picture it to be the tallest building in that state and I have decided they hire their employees straight out of prison.