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Student Loans Quotes

Browse 7 quotes about Student Loans.

Student Loans Quotes

“I do not understand why America fails to see that by continuing to make education at college level unaffordable, credit rating-dependent and student loans almost impossible to repay, it is obstructing tertiary education from its potential brightest and poorest, and killing their best prospects of attracting high-paying employment.”

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Author:Peter-Cole C. Onele
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“The combination of students who do not complete college and private colleges that do not deliver degrees that help their graduates gain employment in the FTE sector has left many poor students still in the low-wage sector but now burdened with student debts. These debts cannot be discharged unless the former student can demonstrate 'undue hardship' from the loan. The statute does not define 'undue hardship,' and many courts use the Brunner test, derived from a 1987 opinion. This standard includes persistent poverty and a good-faith effort to pay the loan. In the view of some more recent opinions, this standard further requires hopelessness that conditions will improve. In other words, the students faces a double-bind: if she tries to transition to the FTE sector, she is hampered by her student loans. Only if she foregoes this ambition can the student loan be discharged. In New jersey, even death may not bring a reprieve from student loans.”

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Book:The Vanishing Middle Class: Prejudice and Power in a Dual Economy
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“We inherited a strong and flourishing country, and instead of making the investments - that is, the sacrifices - to maintain it, we chose to suck it dry and stick our children with the bill. If you want to see who is to blame for student debt, just look in the mirror. And if parents find themselves supporting kids beyond their college years, that is only, in the aggregate, a form of compensatory justice: the intergenerational transfer of wealth that should have been effected through taxation.”

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Book:Excellent Sheep: The Miseducation of the American Elite and the Way to a Meaningful Life
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“Let's put our money where our mouth is; let's invest in the future by investing in the education of our youth and the re-education of those who need it and aren't so young anymore. It's not charity; it's an investment in the mental, intellectual, and social infrastructure of our country and our planet. Charity is something you give to corporations when they commit crimes of fraud and plunge the world into economic turmoil.”

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Book:Be a Hobbit, Save the Earth: the Guide to Sustainable Shire Living
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