Bankruptcy laws allow companies to smoothly reorganize, but not college graduates burdened by student loans.
American political commentator, professor, and author
It shows nobility to be willing to increase your debt to a man to whom you already owe much.
There are two things that bestow consequence; great possession, or great debts.
Debt is the prolific mother of folly and of crime.benjamin disraeli
You must pay at last your own debt. If you are wise, you will dread a prosperity which only loads you with more.ralph waldo emerson
What is debt anyway? A debt is just the perversion of a promise. It is a promise corrupted by both math and violence."
One of the greatest disservices you can do a man is to lend him money that he can't pay back.
The human species, according to the best theory I can form of it, is composed of two distinct races, the men who borrow, and the men who lend.
Now a promise made is a debt unpaid, and the trail has its own stern code.
Wars are made to make debt.
I'm in debt. I am a true American.
Neither a borrower nor a lender be; for loan doth oft lose both itself and friend, and borrowing dulls the edge of husbandry.
He that dies pays all debts.
Forgive us out debts, as we forgive our debtors.
The rich ruleth over the poor, and the borrower is servant to the lender.
The consequences arising from the continual accumulation of public debts in other countries ought to admonish us to be careful to prevent their growth in our own.john adams
A national debt, if it is not excessive, will be to us a national blessing.Alexander Hamilton
Blessed are the young, for they shall inherit the national debt.
And to preserve their independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude.
I am for a government rigorously frugal & simple, applying all the possible savings of the public revenue to the discharge of the national debt; and not for a multiplication of officers & salaries merely to make partisans, & for increasing, by every device, the public debt, on the principle of it's being a public blessing.
I, however, place economy among the first and most important of republican virtues, and public debt as the greatest of the dangers to be feared.
No nation ought to be without a debt. A national debt is a national bond; and when it bears no interest, is in no case a grievance.thomas paine
Our national debt after all is an internal debt owed not only by the Nation but to the Nation. If our children have to pay interest on it they will pay that interest to themselves. A reasonable internal debt will not impoverish our children or put the Nation into bankruptcy.
Rising student-loan debt is an economic emergency.Elizabeth warren
This would be a much better world if more married couples were as deeply in love as they are in debt.Earl Wilson
I have long argued that paying down the national debt is beneficial for the economy: it keeps interest rates lower than they otherwise would be and frees savings to finance increases in the capital stock, thereby boosting productivity and real incomes.