Student loans bare a heavy cost on a student's pocket, however, there are a few reasons why you should take one!
Federal government schemes like PSLF and TLF eliminate a major chunk of your Student-debt, making it easier to pay off.
While you’re still in school, you might not need to pay anything to the federal loan if you attend school for at least half of the time.
Colleges are expensive, and sometimes one cannot pay for it outright because of financial distress, so it might be better to take student loans.
Every debt has a downside, especially for students, here are a few reasons why you shouldn’t take a student loan.
Colleges can be expensive, and student loans, along with the monthly expenses of scholars, would result in budget inflation for the students.
Student loans are an extra expenditure that gets added to your monthly expenses and, if not handled properly, might tip off your budget slightly
Student loans still need to be paid regardless of the fact that you graduated or not, which can cause a big financial burden on you.
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