Quotes on Debt

At a time when the average student is graduating from a four-year college $27,000 in debt, when hundreds of thousands of capable young people no longer see college as an option because of high costs and when the U.S. is falling further and further behind our economic competitors in terms of the percentage of young people graduating from college, no agreement should be passed which, over a period of years, makes a bad situation worse and will make college even less affordable than it is today.

To the generous mind the heaviest debt is that of gratitude, when it is not in our power to repay it.

My husband has quite simply been my strength and stay all these years, and I owe him a debt greater than he would ever claim.

I go on the principle that a public debt is a public curse and in a republican government more than in any other.

I, place economy among the first & most important republican virtues, & public debt as the greatest of the dangers to be feared

‎We must make our choice between economy and liberty or confusion and servitude...If we run into such debts, we must be taxed in our meat and drink, in our necessities and comforts, in our labor and in our amusements...if we can prevent the government from wasting the labor of the people, under the pretense of caring for them, they will be happy.

Civilization has given us enormous successes: going to the moon, technology. But then this is the civilisation that took us to debt, environmental crisis, every single crisis. We need a civilization where we say goodbye to these things.

Debt is so ingrained into our culture that most Americans can't even envision a car without a payment ... a house without a mortgage ... a student without a loan ... and credit without a card. We've been sold debt with such repetition and with such fervor that most folks can't conceive of what it would be like to have NO payments.

Though debts are condemned in the financial world, the world of friendship and love may perversely depend on well-managed debts.

People should watch out for three things: avoid a major addiction, don't get so deeply into debt that it controls your life, and don't start a family before you're ready to settle down.

The world concerns me only in so far as I have a certain debt and duty to it, because I have lived in it for thirty years and owe to it to leave behind some souvenir in the shape of drawings and paintings – not done to please any particular movement, but within which a genuine human sentiment is expressed.

I found this national debt doubled, wrapped in a big bow waiting for me as I stepped into the Oval Office.

Bad debt is sacrificing your future day needs for your present day desires.

People in debt become hopeless and hopeless people don't vote. They always say that that everyone should vote but I think that if the poor in Britain or the United States turned out and voted for people that represented their interests there would be a real democratic revolution.

Creditors have better memories than debtors.

Some of my relatives held on to imagined memories the way homeless people hold onto lottery tickets. Nostalgia was their crack cocaine, if you will, and my childhood was littered with the consequences of their addiction : unserviceable debts, squabbles over inheritances, the odd alcoholic or suicide.

The multiplication of public offices, increase of expense beyond income, growth and entailment of a public debt are indications soliciting the employment of the pruning knife.

They all attended Hester's church, which Dellarobia viewed as a complicated pyramid scheme of moral debt and credit resting ultimately on the shoulders of the Lord, but rife with middle managers.

We shouldn't be profiting from our students who are drowning in debt while giving a great deal to the banks. That's just wrong.

King of England, and you, duke of Bedford, who call yourself regent of the kingdom of France... settle your debt to the king of Heaven; return to the Maiden, who is envoy of the king of Heaven, the keys to all the good towns you took and violated in France.

Jane was my wicked stepmother: she was generous, affectionate and resourceful; she salvaged my schooling and I owe her an unknowable debt for that. One flaw: sometimes, early on, she would tell me things designed to make me think less of my mother, and I would wave her away, saying, Jane, this just backfires and makes me think less of you.