Only morons start a business on a loan?
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.
Learn how to prioritize all your debt. And did you know student loan debt is the most dangerous debt any of us can have?
Rising student-loan debt is an economic emergency.
Crippling student loan debt doesn't just affect those who took out loans to get an education. It harms all of us because we can't have a healthy economy without a strong middle class to stimulate it.
There are 43 million people who are locked into predatory student loan debt, from which there is no exit.
The problem in a lot of low-income countries is that people take out loans to go and get degrees, which are then irrelevant in the job market.
The burden of student loan debt weighs heavily on both students and families across New Jersey.
Student loan debt is certainly not a fitting topic for a commencement speech, but it's an issue we must confront - not only for thousands of college graduates who deserve a fair shot, but also for our economy.
Student loan debt is a real problem. People want to have serious conversations about that.
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.
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.
I think our model is sustainable. If all schools operated like Liberty and charged what we charge, there wouldn't be a student loan problem in America.
Unfortunately, this will have a ripple effect in the economy. People carrying heavy student-loan debt won't buy houses, start families, or start businesses. This will hurt the future economy.
Let's say you're all worried about student-loan debt and you need to have steady income. That doesn't have to be your everything.
