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Effect of students loans in the society
Impact Of Student Loans
Length: 7 pages (2005 Words)
Impact of Student Loans
Student loans refer to loans offered to students in higher education institutions. The loan intends to help make a student’s life easier during his or her course period. The loan also helps in payment of tuition fee for the students, financing their living expenses and in purchase of books and other stationeries. Through the loan, bright students from less economically privileged families get to access higher education and improve the living conditions of their families or become better individuals in the society.