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Opinion / Forum Trends

Should campus loans be curbed?

(chinadaily.com.cn) Updated: 2016-06-30 10:59

Ruiter (US)

There's a reason students are ENCOURAGED to plunge deep into debt for money they don't need. The LENDER makes a profit on the loans, the more you borrow, the more they earn. It's up to the student to take as small an amount as possible, to work part time during school, and to work summers and vacations in order to minimize debt. If you bury yourself in student debt, do not do it to get a job which is low paying, as you will be strapped for life.

Should campus loans be curbed?

Chinese graduates dressed in academic gowns pose during a photography session at University of Electronic Science and Technology of China in Chengdu, southwest China's Sichuan province, on June 24, 2014. [Photo/IC]

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