“We feel led to caution . . . against forming the bad habit of incurring debt and taking upon themselves obligations which frequently burden them heavier than they can bear, and lead to the loss of their homes and other possessions. We know it is the fashion of the age to use credit to the utmost limit. . . . We, therefore, repeat our counsel . . . to shun debt. Be content with moderate gains, and be not misled by illusory hopes of acquiring wealth. . . . Let our children also be taught habits of economy, and not to indulge in tastes which they cannot gratify without running into debt.”
![“It’s time to ask why [the United States] is the only country in the world where we permit our children to be saddled with tens — sometimes hundreds — of thousands of dollars of debt before they begin to earn a penny.” quote by F.H. Buckley](https://sms4smile.com/quotes/img-quotes/d66/f-h-buckley-2-99927_adulthood_it-s-time-to-ask-why-the-united-states-i_3079666.jpg)
![“[Young people] can't do much with [student debt] other than try to figure out how to pay it down. They can't take jobs they want. They can't get the credit they would like to start a business. So we're going to refinance it, we're going move people into income-contingent repayment plans, we're…” quote by Hillary Clinton](https://sms4smile.com/quotes/img-quotes/6e0/hillary-clinton-51_business_young-people-can-t-do-much-with-student_2391482.jpg)
