Why student loans are necessary for college Student loans are a necessary aspect of college education due to the soaring costs associated with higher education. With tuition fees, books, and living expenses continuously rising, it has become increasingly challenging for students and their families to afford college without financial assistance. Student loans provide a lifeline, allowing individuals to access the funds needed to pursue their academic goals. Moreover, student loans can enable students from low-income backgrounds or marginalized communities to enroll in college when they might otherwise be unable to…
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