Disadvantages of student loan

Study is important in our life for carrier and future. Some time we have not enough money to meet study expenses and we get loan from banks or student banks. Student mostly faces this situation in college life. In college life our expense high. Student get loan and we pay this debt in future. Some time student face most of trouble to pay this debt. Policy and interest rate of this loan very high and the result that student not pay

This loan right time. Below we discuss some disadvantages of student loan and how to recover this.

Ø      Disadvantes of student loan

Ø      High interest rate

Ø      Low time

Ø      Employment

Ø      Not aware policy of debt

Ø      Burden policy.

Ø      More expensive day by day

Ø      Difference between fixed and various interest rate

Ø      Not support of education institute

Ø      Parents help decline

How to decline these disadvantages

Ø      Parent’s help

Ø      Scholar ship

Ø      Employed in industry

Ø      Read loan policies carefully

Ø      Federal aid

Ø      Reduce your expenses

Student loan help student make future bright. But some time it stand up some disadvantages or troubles for student. But student reduce this disadvantages following this steps. You can also try credit card getting loan.