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8 Famous People With Student Debts

2. Barack Obama

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Image source: ndtv.com

Famous with: President of the United States

School: Occidental College, Columbia University, Harvard Law School

He says: In a speech from April 2012President Obama brought up the importance of college education and the reasons why it should be made affordable to everyone regardless of their background. He called for Congress to put a hold on raising the interest rates on federal Stafford loans in 2012.

Outcome: While student loans might be simple for financial stable families, it’s far more difficult for students who are single parents or come from financially weak backgrounds as they must often decide between paying off their debts or paying other more essential expenses.

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