But it still took us almost 10 years to finally pay off all our student debt.
Most federal student debt is set at an interest rate higher than 6 percent, Gillibrand said.
Unlike most other types of consumer credit, student debt is extremely difficult to discharge in bankruptcy.
So when it comes to student debt, my husband and I, we've been there.
So understand, when it comes to student debt, Barack and I, we have been there.
The statistics on graduation rates and student debt load at these institutions is appalling.
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These young people are not choking on a hundred thousand dollars of student debt (compounding daily).
These would be judged against the impact of student debt and the need to widen university access.
The stakes have never been higher for families to clearly understand the costs and risks of student debt.
Many schools have responded by jacking up tuition, which is fueling public anger and inflating student debt levels.
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Excessive student debt slows a recovery still trying to find its sea legs.
The NCFC website aims to provide something for everyone impacted by student debt.
The student debt wracked up by students at public universities is galling enough.
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So when it comes to student debt, Barack and I, we've been there.
We remember being in your shoes, just not being burdened with the out-sized student debt you have to pay off.
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Many countries, America included, have designed student debt primarily as a mortgage-like obligation: it is repaid to a fixed schedule.
This is particularly critical given the growing student debt crisis, which may make public institutions even more attractive to top students.
The elite few who can access it get a valuable leg-up in the job market, without the burden of student debt.
Concerns over institutional debt, student debt, and unemployment have revealed different operating presumptions of faculty, administrators, students, employers, and government officials.
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Supporters of the forgive student debt movement say their real goal is just to start a national conversation about student loan reform.
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The online report also describes the methodology and includes essays on for-profit colleges, overinvesting in higher education and the student debt bubble.
While a college education can be a gateway to better job prospects, taking on too much student debt can have real consequences.
Driven by a growing mound of student debt, the 18-year-old sports media major said his shot in the dark was low risk.
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State funding cuts to public institutions, declining median family income and spiking tuition costs have caused student debt to soar in recent years.
However, Mr Rich said the current pattern was likely to continue, where one-quarter of student debt is held outside the student loans system.
In America, Britain and elsewhere, these treat student debt as a special case: unlike other forms of debt, it cannot be wiped out.
The higher education bubble has been inflating for decades, propagating the myth that heavy student debt burden is justified by high paying jobs.
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Furthermore, 70% of respondents said student debt is in the middle or at the top of their personal list of pressing election issues.
So what do prospective Republican challengers Mitt Romney and Newt Gingrich have to offer on the issues of college affordability and out-of-control student debt?
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These arguments address the morality of debt and borrowing, rather than the actual impact that student debt forgiveness would have on the economic crisis.
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