I have a daughter in college myself. It's an expensive thing.
College costs are out of control.
I turned down a scholarship to Yale. The problem with college is that there's a tendency to mistake preparation for productivity. You can prepare all you want, but if you never roll the dice you'll never be successful.
Too many young people graduate laden with debts that take years, if not decades, to pay off.
Adjusted for inflation, somebody going to college today to a state university, is paying about 300 percent of what her mom or dad did just 30 years ago.
Michelle and I—we’re where we are today only because scholarships and student loans gave us a shot at a great education.
By making college unaffordable and student loans unbearable, we risk deterring our best and brightest from pursuing higher education and securing a good-paying job.
I went to nine different universities and never paid a nickle of my own money. My wife got many scholarships. We are children of the United States.
So you can go to college on Pell Grants - maybe I should not be telling anybody this because it's turning out to be the welfare of the 21st century.
When we worked with the organization that represents students, they were unequivocal: They want debt-free college. And for many of those students, that has to include the total cost of attendance.
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.
People of my age who went to college, go into college, you know what it cost back then? Nothing or next to nothing. At the most, you had to work at Dairy Queen during the summer and that would pay for your college education.
College gives people learning and also takes away future opportunities by loading the next generation down with debt.
I'm proud to be part of the Dr. Pepper Scholarship Giveaway. It's a great program that gives me the chance to brighten the day for some lucky college students with free tuition.
While Obama might not push college education exclusively, like most Democrats he does oversell it and does shortchange the alternatives. And millions of young Americans pay the price.
Let's get one thing straight: No one wants Stafford loan interest rates to increase.
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.
There's more student debt than credit card debt! Everywhere I go, I run into young people trying to build careers while they keep shelling out money on their education loans. If the economy is looking for a new generation of home-buyers, I can't imagine they'll get it from these folks.
Higher education cannot be a luxury.
You can't continue to have higher education tuition grow at a multiple of the rate of inflation.
My kids don't have a trust fund, they have a debt fund. Oh my God, they're $4 million in the hole.
The most important loan to pay is your student loan. It's more important than your mortgage, car and credit card payments. You cannot discharge student loan debt in the majority of cases.
We never had it as rough as the kids have it today. Look at the price of a gallon of gas or a piece of real estate or a college education.
I've always cared about education, and I worked with Senator Schumer on making several thousand dollars of college tuition tax deductible. That will help a lot of your middle class families make college more affordable.
High school seniors should receive help in how to think about a student loan and how to make sure that the education bought with the loan offers good prospects for repayment.
