Many people are in the dark when it comes to money, and I'm going to turn on the lights.
Suze OrmanRead
The new American dream is one of responsibility. What is the bottom-line number that you're going to be able to pay back toward a student loan responsibly if you're doing it yourself after you have a job? That dictates the amount of money you can borrow. That dictates the school you can go to, if you can even go to a four-year college at all.
Interpretation
What this quote means
The quote emphasizes the importance of financial responsibility in pursuing education and managing student loans.
Suze Orman highlights a shift in the American dream towards a more responsible approach to education and financing. She points out that individuals must consider their capacity to repay student loans when choosing their educational paths, which influences their options for college and the financial burdens they may face in the future. This underscores the need for awareness and practicality in financial decisions related to higher education.
Themes
ResponsibilityStudent LoansEducationFinancial AwarenessAmerican Dream
In practice
Example use cases
This quote can be cited in a discussion about financial literacy in college.
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