Quote

Poorer students take out larger loans and will have to contribute more to the cost of higher education.

Rising student-loan debt is an economic emergency.

Higher educating has so many challenges, and private higher education has a special challenge of ever rising tuition costs.

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.

For-profit higher education is today a booming industry, feeding on the student loans handed out to the desperate.

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.

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.

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.

Ending up-front fees should make it far easier for all students to go to university as they will no longer have to pay up to /1,125 out of their loans at the start of each year. Student loans will also rise to meet average living costs.

Higher education is confronting challenges, like the economy is, about the need for a higher number of more adequately trained, more highly educated citizenry.