Dianne Feinstein Quotes

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.

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

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

Rising student-loan debt is an economic emergency.

Higher education is meant to provide economic opportunity to Americans - not provide unscrupulous companies the opportunity to syphon off billions in federal taxpayer dollars unfairly.

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.

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

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.

That is especially important as more young people must take on huge debt loads to go to college.

I listened to the students on campus in Plymouth, worried about their steadily deepening debts and how on earth they would ever escape them.

When bright young minds can't afford college, America pays the price.

Student loan debt is the reason I don't advise students who want to become entrepreneurs to apply to elite, expensive colleges. They can be as successful if they go to a relatively inexpensive public college.

College is part of the American dream. It shouldn't be part of a financial nightmare for families.

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

The cost of college education today is so high that many young people are giving up their dream of going to college, while many others are graduating deeply in debt.

The higher amount you put into higher education, at the federal level particularly, the more the price of higher education rises. It's the dog that never catches its tail. You increase student loans, you increase grants, you increase Pell grants, Stafford loans, and what happens? They raise the price.

I am here to give the American people some straight talk about higher education. Some have said we might have cut financial aid for college students. The truth is we have expanded access to college for our neediest students through the record growth of the Pell grant program.

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.

We now spend one in four of our higher education dollars sending students to these [profit making] colleges, and for that we reap a new underclass of highly indebted individuals most of whom do not manage to complete their degrees.

In the 2007-2008 academic year, the average student working on a bachelor’s degree from a for-profit college found herself in deeper debt ($32,700) than her counterpart attending a private [non-profit] college ($17,700).]

College costs continue to rise, and student loan debt threatens to price many Americans out of a college education and out of the middle class.

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.

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.

Student loan debt is a real problem. People want to have serious conversations about that.

I had a lot of college debt. It's very difficult to go to a university that is as expensive as Stanford and then blindly follow your passions when they don't immediately make money out of the gate.