Thus, there are many reasons that student loans are not helpful firstly, a student can simply avoid applying prestigious college that they are not able to afford. Secondly, many students believe they will graduate in 4 years when often just one in three students end up graduating in 4 years so they must take into account how long it will be before they actually start working. Lastly, students fall into the trap of believing they’ll be able to pay off the loan as soon as they get out of
Thus, there are many reasons that student loans are not helpful firstly, a student can simply avoid applying prestigious college that they are not able to afford. Secondly, many students believe they will graduate in 4 years when often just one in three students end up graduating in 4 years so they must take into account how long it will be before they actually start working. Lastly, students fall into the trap of believing they’ll be able to pay off the loan as soon as they get out of