--- title: "Meaning & Key Takeaway of: There's more student debt than credit…" description: "\"There's more student debt than credit card debt! Everywhere I go, I run into young people trying to build careers while they keep shelling out money on..." image: "https://sms4smile.com/quotes/i/1ce/gail-collins-3567_buyers_there-s-more-student-debt-than-credit-ca_191011.png" --- # There's more student debt than credit card debt!… ![“There's more student debt than credit card debt! Everywhere I go, I run into young people trying to build careers while they keep shelling out money on their education loans. If the economy is looking for a new generation of home-buyers, I can't imagine they'll get it from these folks.” quote by Gail Collins](https://sms4smile.com/quotes/i/1ce/gail-collins-3567_buyers_there-s-more-student-debt-than-credit-ca_191011.png) [Download](https://sms4smile.com/quotes/i/1ce/gail-collins-3567_buyers_there-s-more-student-debt-than-credit-ca_191011.png) [Open image](https://sms4smile.com/quotes/i/1ce/gail-collins-3567_buyers_there-s-more-student-debt-than-credit-ca_191011.png) > “There's more student debt than credit card debt! Everywhere I go, I run into young people trying to build careers while they keep shelling out money on their education loans. If the economy is looking for a new generation of home-buyers, I can't imagine they'll get it from these folks.” [Gail Collins](https://sms4smile.com/quotes/author/gail-collins/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The quote highlights the growing burden of student loans compared to credit card debt, warning that high debt may hinder young adults from becoming homebuyers and stabilizing the economy. **In simple terms:** Student debt is outpacing credit card debt, threatening future homeownership. Key Takeaway Address student debt to enable economic participation. Themes financial strain housing market young adults economic impact education financing Mood concerned optimistic critical Type social commentary economic analysis When to use this quote - college graduates - first‑time homebuyers - policy makers - financial planners Key Concepts Debt burden intergenerational wealth housing affordability Questions to Reflect On - How can policymakers reduce student debt burdens? - What alternatives exist for financing education? A Different Perspective High debt may also limit other life choices beyond housing. ★ ★ ★ ★ ★ No ratings yet [Buyers](https://sms4smile.com/quotes/about/buyers/) [Credit](https://sms4smile.com/quotes/about/credit/) [Credit card debt](https://sms4smile.com/quotes/about/credit-card-debt/) [Economy](https://sms4smile.com/quotes/about/economy/) [Education](https://sms4smile.com/quotes/about/education/) [Generations](https://sms4smile.com/quotes/about/generations/) [Home](https://sms4smile.com/quotes/about/home/) [New generation](https://sms4smile.com/quotes/about/new-generation/) [People](https://sms4smile.com/quotes/about/people/) [Running](https://sms4smile.com/quotes/about/running/) [Students](https://sms4smile.com/quotes/about/students/) [Young people](https://sms4smile.com/quotes/about/young-people/) ## Related quotes > [Debt is a trap, especially student debt, which is enormous, far larger than credit card debt. It's a trap for the rest of your…](https://sms4smile.com/quotes/noam-chomsky/debt-is-a-trap-especially-student-debt-which-is-enormous-far-larger/) [Noam Chomsky](https://sms4smile.com/quotes/author/noam-chomsky/) > [We must fundamentally restructure our student loan program. It makes no sense that students and their parents are forced to pay interest rates for…](https://sms4smile.com/quotes/bernie-sanders/we-must-fundamentally-restructure-our-student-loan-program-it-makes/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [It's not the appearance, it's the essence. It's not the money, it's the education. It's not the clothes, it's the class.](https://sms4smile.com/quotes/coco-chanel/it-s-not-the-appearance-it-s-the-essence-it-s-not-the-money-it-s-the/) [Coco Chanel](https://sms4smile.com/quotes/author/coco-chanel/) > [“It’s money not education that’s the holy grail in America.”](https://sms4smile.com/quotes/a-s-a-harrison/it-s-money-not-education-that-s-the-holy-grail-in-america/) [A.S.A. Harrison](https://sms4smile.com/quotes/author/a-s-a-harrison/) > [As a society, we can and should invest more money in education.](https://sms4smile.com/quotes/daphne-koller/as-a-society-we-can-and-should-invest-more-money-in-education/) [Daphne Koller](https://sms4smile.com/quotes/author/daphne-koller/) > [I am going to put money into education at the expense of other programs.](https://sms4smile.com/quotes/dalton-mcguinty/i-am-going-to-put-money-into-education-at-the-expense-of-other/) [Dalton McGuinty](https://sms4smile.com/quotes/author/dalton-mcguinty/) > [You can spend a lot of money on education, but if you don't spend it wisely, on improving the quality of instruction, you won't…](https://sms4smile.com/quotes/andreas-schleicher/you-can-spend-a-lot-of-money-on-education-but-if-you-don-t-spend-it/) [Andreas Schleicher](https://sms4smile.com/quotes/author/andreas-schleicher/) > [People are not saints just because they haven't got much money or education.](https://sms4smile.com/quotes/robertson-davies/people-are-not-saints-just-because-they-haven-t-got-much-money-or/) [Robertson Davies](https://sms4smile.com/quotes/author/robertson-davies/) > [“Good manners will often take people where neither money nor education will take them.”](https://sms4smile.com/quotes/fanny-jackson-coppin/good-manners-will-often-take-people-where-neither-money-nor-education/) [Fanny Jackson Coppin](https://sms4smile.com/quotes/author/fanny-jackson-coppin/) > [We are told there is not enough money for education, but somehow there is enough money for people to raise billions of dollars to…](https://sms4smile.com/quotes/phylicia-rashad/we-are-told-there-is-not-enough-money-for-education-but-somehow-there/) [Phylicia Rashad](https://sms4smile.com/quotes/author/phylicia-rashad/) > [Student debt in the US has exploded in the past decade. One of the reason is that the private costs of attending college have…](https://sms4smile.com/quotes/robert-pollin/student-debt-in-the-us-has-exploded-in-the-past-decade-one-of-the/) [Robert Pollin](https://sms4smile.com/quotes/author/robert-pollin/) > [I think for a lot of young people there is a sense that maybe the future is not going to be everything it was…](https://sms4smile.com/quotes/hillary-clinton/i-think-for-a-lot-of-young-people-there-is-a-sense-that-maybe-the/) [Hillary Clinton](https://sms4smile.com/quotes/author/hillary-clinton/) > [I do believe that we should substantially lower student debt in this country, which is crushing millions of people. We pay for it, in…](https://sms4smile.com/quotes/bernie-sanders/i-do-believe-that-we-should-substantially-lower-student-debt-in-this/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [President Obama's Department of Education pledged to solve the student debt crisis, but it was utterly inept in its effort to address the issue.](https://sms4smile.com/quotes/charlie-kirk/president-obama-s-department-of-education-pledged-to-solve-the/) [Charlie Kirk](https://sms4smile.com/quotes/author/charlie-kirk/) > [If you're considering going into student debt, I encourage you to seek the Lord's will through the reading and study of His Word, prayer,…](https://sms4smile.com/quotes/randy-alcorn/if-you-re-considering-going-into-student-debt-i-encourage-you-to-seek/) [Randy Alcorn](https://sms4smile.com/quotes/author/randy-alcorn/) ## More by Gail Collins > [The Bushes were certainly part of Texas in their mind, but they didn't have the kind of political flavor that you normally find in…](https://sms4smile.com/quotes/gail-collins/the-bushes-were-certainly-part-of-texas-in-their-mind-but-they-didn-t/) [Gail Collins](https://sms4smile.com/quotes/author/gail-collins/) > [The work-family divide is the biggest issue for American women. But in some ways it's amazing how adjusted society has become to it. In…](https://sms4smile.com/quotes/gail-collins/the-work-family-divide-is-the-biggest-issue-for-american-women-but-in/) [Gail Collins](https://sms4smile.com/quotes/author/gail-collins/) > [I don't think the folks in the low-tax states really want to go into a fairness discussion. Residents of Connecticut and New York would…](https://sms4smile.com/quotes/gail-collins/i-don-t-think-the-folks-in-the-low-tax-states-really-want-to-go-into/) [Gail Collins](https://sms4smile.com/quotes/author/gail-collins/) > [I would walk a thousand miles To feel your hugs and see your smiles But then one day we had to part The hardest…](https://sms4smile.com/quotes/gail-collins/i-would-walk-a-thousand-miles-to-feel-your-hugs-and-see-your-smiles/) [Gail Collins](https://sms4smile.com/quotes/author/gail-collins/) > [“One law prohibited blacks from testifying against whites in court, and carefully defined “negro” as anyone who had one nonwhite grandparent.”](https://sms4smile.com/quotes/gail-collins/one-law-prohibited-blacks-from-testifying-against-whites-in-court-and/) [Gail Collins](https://sms4smile.com/quotes/author/gail-collins/) > [“An estimated 400 women disguised themselves as men to fight in the Civil War. Many were like Amy Clarke, who enlisted so she could…](https://sms4smile.com/quotes/gail-collins/an-estimated-400-women-disguised-themselves-as-men-to-fight-in-the/) [Gail Collins](https://sms4smile.com/quotes/author/gail-collins/) > [Billy Jean King could not get credit when her husband was in law school and she was winning the Wimbledon, because he had to…](https://sms4smile.com/quotes/gail-collins/billy-jean-king-could-not-get-credit-when-her-husband-was-in-law/) [Gail Collins](https://sms4smile.com/quotes/author/gail-collins/) > [Sarah Palin is treated like a bimbo sometimes, but she has never given the public the respect they deserve. She acts silly and doesn't…](https://sms4smile.com/quotes/gail-collins/sarah-palin-is-treated-like-a-bimbo-sometimes-but-she-has-never-given/) [Gail Collins](https://sms4smile.com/quotes/author/gail-collins/) > [Women in America will have to find an answer for the pressures of work and family, but if you really care about women's issues…](https://sms4smile.com/quotes/gail-collins/women-in-america-will-have-to-find-an-answer-for-the-pressures-of/) [Gail Collins](https://sms4smile.com/quotes/author/gail-collins/) > [The idea that 'if you don't like how things are going, you can just leave' is so ingrained in Texas, the secession movement is…](https://sms4smile.com/quotes/gail-collins/the-idea-that-if-you-don-t-like-how-things-are-going-you-can-just/) [Gail Collins](https://sms4smile.com/quotes/author/gail-collins/) > [I admired the way McCain worked on campaign finance reform. I admired the way Nancy Pelosi stiffened the Democrats' spine during the health care…](https://sms4smile.com/quotes/gail-collins/i-admired-the-way-mccain-worked-on-campaign-finance-reform-i-admired/) [Gail Collins](https://sms4smile.com/quotes/author/gail-collins/) > [Some of our national heroines were defined by the fact that they never nested - they were peripatetic crusaders like Susan B. Anthony, Clara…](https://sms4smile.com/quotes/gail-collins/some-of-our-national-heroines-were-defined-by-the-fact-that-they/) [Gail Collins](https://sms4smile.com/quotes/author/gail-collins/) > [When the women's movement began, it was a middle-class phenomenon. Certainly, black women had other stuff to think about in the '60s besides a…](https://sms4smile.com/quotes/gail-collins/when-the-women-s-movement-began-it-was-a-middle-class-phenomenon/) [Gail Collins](https://sms4smile.com/quotes/author/gail-collins/) > [Downplaying their faults is pretty much the point of campaigns. But we do count on them living with the constant terror of public rejection.](https://sms4smile.com/quotes/gail-collins/downplaying-their-faults-is-pretty-much-the-point-of-campaigns-but-we/) [Gail Collins](https://sms4smile.com/quotes/author/gail-collins/) > [“Eleanor was a member of one of America’s great families, niece to Teddy Roosevelt and a distant cousin of her future husband. But she…](https://sms4smile.com/quotes/gail-collins/eleanor-was-a-member-of-one-of-america-s-great-families-niece-to/) [Gail Collins](https://sms4smile.com/quotes/author/gail-collins/) [Explore all 127 Gail Collins quotes ](https://sms4smile.com/quotes/author/gail-collins/) ## More Buyers quotes > [I would like to see a lot more buyers and also a lot less bargaining by local buyers.](https://sms4smile.com/quotes/nandita-mahtani/i-would-like-to-see-a-lot-more-buyers-and-also-a-lot-less-bargaining/) [Nandita Mahtani](https://sms4smile.com/quotes/author/nandita-mahtani/) > [The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to…](https://sms4smile.com/quotes/warren-buffett/the-most-common-cause-of-low-prices-is-pessimism-some-times-pervasive/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [As part of our ongoing series of reports on the environment, 'America Goes Green,' we take on the question that can make otherwise competent…](https://sms4smile.com/quotes/brian-williams/as-part-of-our-ongoing-series-of-reports-on-the-environment-america/) [Brian Williams](https://sms4smile.com/quotes/author/brian-williams/) > [Some ticket buyers think they don't like Jews.](https://sms4smile.com/quotes/jack-l-warner/some-ticket-buyers-think-they-don-t-like-jews/) Jack L. Warner > [“the single biggest outcome of the Internet has been little understood: buyers are the winners.”](https://sms4smile.com/quotes/daniel-pecaut/the-single-biggest-outcome-of-the-internet-has-been-little-understood/) [Daniel Pecaut](https://sms4smile.com/quotes/author/daniel-pecaut/) > [Men's clothing is more pure in design. It's more simple and has no decoration. Women want that. When I started designing, I wanted to…](https://sms4smile.com/quotes/yohji-yamamoto/men-s-clothing-is-more-pure-in-design-it-s-more-simple-and-has-no/) [Yohji Yamamoto](https://sms4smile.com/quotes/author/yohji-yamamoto/) > [Grant me profits only, grant me the joy of profit made, and see to it that I enjoy cheating the buyer!](https://sms4smile.com/quotes/ovid/grant-me-profits-only-grant-me-the-joy-of-profit-made-and-see-to-it/) [Ovid](https://sms4smile.com/quotes/author/ovid/) > [Being in Loyola College exposed me to other options and gave me confidence, apart from the freedom to bunk classes. I became a merchandiser…](https://sms4smile.com/quotes/suriya/being-in-loyola-college-exposed-me-to-other-options-and-gave-me/) [Suriya](https://sms4smile.com/quotes/author/suriya/) > [“But, learn that although all men are for sale, they don’t sell themselves to all buyers.”](https://sms4smile.com/quotes/samuel-shellabarger/but-learn-that-although-all-men-are-for-sale-they-don-t-sell/) [Samuel Shellabarger](https://sms4smile.com/quotes/author/samuel-shellabarger/) > [A jury could very well conclude that this is a case of buyer's remorse.](https://sms4smile.com/quotes/ken-buck/a-jury-could-very-well-conclude-that-this-is-a-case-of-buyer-s-remorse/) [Ken Buck](https://sms4smile.com/quotes/author/ken-buck/) > [It's always smart to know your market - what kind of buyers are looking in your neighborhood? What have other houses sold for in…](https://sms4smile.com/quotes/drew-scott/it-s-always-smart-to-know-your-market-what-kind-of-buyers-are-looking/) [Drew Scott](https://sms4smile.com/quotes/author/drew-scott/) > [And old Dave, he'd go up to his room, y'understand, put on his green velvet slippers - I'll never forget - and pick up…](https://sms4smile.com/quotes/arthur-miller/and-old-dave-he-d-go-up-to-his-room-y-understand-put-on-his-green/) [Arthur Miller](https://sms4smile.com/quotes/author/arthur-miller/) > [During the early 1960s, I decided to supplement research support for quantitative economic studies at Pennsylvania by selling econometric forecasts to private and public…](https://sms4smile.com/quotes/anonymous/during-the-early-1960s-i-decided-to-supplement-research-support-for/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Smart art galleries know it's not the words on paper but the emotion in the piece that makes clients pull out the credit card…](https://sms4smile.com/quotes/jack-white/smart-art-galleries-know-it-s-not-the-words-on-paper-but-the-emotion/) [Jack White](https://sms4smile.com/quotes/author/jack-white/) > [Actually,the nightmarish thought occurred to me that with electronic delivery of books becoming a norm, soon writers may be expected to provide several versions…](https://sms4smile.com/quotes/emma-donoghue/actually-the-nightmarish-thought-occurred-to-me-that-with-electronic/) [Emma Donoghue](https://sms4smile.com/quotes/author/emma-donoghue/) [Browse all 202 Buyers quotes ](https://sms4smile.com/quotes/about/buyers/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "There's more student debt than credit card debt! Everywhere I go, I run into young people trying to build careers while they keep shelling out money on their education loans. If the economy is looking for a new generation of home-buyers, I can't imagine they'll get it from these folks.", "creator": { "@type": "Person", "name": "Gail Collins" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/gail-collins/there-s-more-student-debt-than-credit-card-debt-everywhere-i-go-i-run/", "about": { "@type": "Thing", "name": "Buyers" }, "@id": "https://sms4smile.com/quotes/gail-collins/there-s-more-student-debt-than-credit-card-debt-everywhere-i-go-i-run/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/1ce/gail-collins-3567_buyers_there-s-more-student-debt-than-credit-ca_191011.png", "contentUrl": "https://sms4smile.com/quotes/i/1ce/gail-collins-3567_buyers_there-s-more-student-debt-than-credit-ca_191011.png", "url": "https://sms4smile.com/quotes/i/1ce/gail-collins-3567_buyers_there-s-more-student-debt-than-credit-ca_191011.png", "width": 1080, "height": 1080, "caption": "“There's more student debt than credit card debt! Everywhere I go, I run into young people trying to build…” — Gail Collins", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Gail Collins", "item": "https://sms4smile.com/quotes/author/gail-collins/" }, { "@type": "ListItem", "position": 4, "name": "There's more student debt than credit...", "item": "https://sms4smile.com/quotes/gail-collins/there-s-more-student-debt-than-credit-card-debt-everywhere-i-go-i-run/" } ], "@id": "https://sms4smile.com/quotes/gail-collins/there-s-more-student-debt-than-credit-card-debt-everywhere-i-go-i-run/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```