Contact Us

Governor Christie Addresses High Student Loans [AUDIO]

Governor Chris Christie says controlling the high costs of college needs to happen so graduates coming out with large loans can have a better chance building their future.

Student loans
Zephyr Picture, Getty Images

Speaking in Lakewood, the Governor was asked what could be done for students coming out of college with large student loans often with no job prospects.

Christie notes that one of the problems that has happened with loan programs is, because the money has been available, there has been no pressure on schools to control costs.

“They continually bring things up and just think ‘Oh well they’ll just borrow more money,’” Christie said.

“Part of what we need to do is clamp down on costs on the college level and say just because the loan money is available, it doesn’t mean you have to charge to the level of the loan.”

Christie notes that when he graduated law school he came out with $40,000 in debt, a number that he thought was large for the time.

“I remember making that payment and it stopped us for years from buying a house because for me and Mary Pat, we already had a mortgage payment; it was our student loan payments.”

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

 

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://wobm.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on 92.7 WOBM quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Sign up for an account to comment, share your thoughts, and earn points to get great prizes.

Register on 92.7 WOBM quickly by logging in with your Facebook account. It's just as secure, and no password to remember!