The Rising Rate Of Frivolous Student Loan Spending

Student loans are a growing concern today. In a tough economy, where a good and stable job is hard to find, a pilling financial debt is the last thing that the youth of the country should be dealing with. in fact student debt has just started getting the attention of politicians who are running for office, making it a key point to address and come up with a solution. But the problem is way more complex, and requires a detailed understanding into the matter. For example, studies have shown that students are more likely to increase expenditure with each passing year. Students of 2017 are likely to spend more than students of 2016 and so on. Apart from tuition and rent, students are spending more on the peripheries, which are also adding up to their student loan. This is a great infographic that really spells the matter out.