“We didn’t finish paying off all of our student loans until about eight years ago.”
President BARACK OBAMA, on Late Night With Jimmy Fallon.
The president says he and Michelle paid for their college educations with loans. He attended Occidental College from 1979-81, then Columbia from ‘81-83, followed by Harvard Law from 1988-91; Michelle went to Princeton and graduated from Harvard Law in 1988.
Both paid off their student loans in about 13 (Barack) and 16 (Michelle) years.
Seems insane to me, and I don’t even want to think about what debt college students are saddled with nowadays.