Are Bigger Student Loans Leading to a Smaller Chance of Success?
As the cost of higher education continues to rise, students are increasingly relying on loans to finance their degrees. However, a new study has found that taking on larger amounts of student loan debt may actually be detrimental to students’ chances of success. The research suggests that high levels of student debt can lead to greater financial strain and lower academic performance, ultimately resulting in a smaller likelihood of graduating and securing a well-paying job. This raises the question: are bigger student loans really worth the risk, or is there a better way to support students through their education without burdening them with excessive debt?
source: Phys.org