Borrowing Quote by Arne Duncan
“Borrowing to pay for college used to be the exception; now it's the rule.”
About This Quote
Student loans have shifted from a rare necessity to a common expectation for funding higher education.
In simple terms: College now often requires borrowing.
Key Takeaway
Advocate for affordable education alternatives.
Themes
education
finance
policy
inequality
student debt
Mood
concerned
critical
Type
policy
social
When to use this quote
- college planning
- financial aid counseling
- policy reform
- family budgeting
Key Concepts
access to higher education
economic burden
Questions to Reflect On
- How does debt influence career choices?
- What alternatives exist to borrowing?
A Different Perspective
Solutions may vary by region and institution.
![“I just think we can't do enough of this [student exchanges]... And when you get young children traveling internationally, I think they come back different people. And you can't put a price tag - you can't put a value on that.” quote by Arne Duncan](https://sms4smile.com/quotes/img-quotes/974/arne-duncan-11784_children_i-just-think-we-can-t-do-enough-of-this_80565.jpg)
![“When the fountains of government [borrowing] abundance began to dry up, when through lack of funds and the impossibility of negotiating fresh loans the state was forced to check the extension of bureaucracy and to put a stop to public works, then and then only did the Italians realize what it…” quote by John T. Flynn](https://sms4smile.com/quotes/img-quotes/908/john-t-flynn-18493_abundance_when-the-fountains-of-government-borrowi_2663.jpg)
