Nowadays, students are becoming more and more independent. Many of them are even capable of paying for their own education. However, sometimes when there is just too much to handle, especially regarding unforeseen financial needs, they will have no other choice but to get loans. These loans will go to expenses like books, accommodation, school fees, etc.
At times, the students may lose control of their spending and they will find themselves in debt trouble. Come to think of it, it is very difficult to study while having to think about other things such as maintaining a budget and paying off debts.