A growing number of students, it seems, will use their student loans to fund their upcoming fun-in-the-sun spring breaks.
Roughly 30 percent of US students will tap into their growing pile of college debt to pay for their weeklong frolic, a survey from LendEDU revealed.
That’s up from last year, when a separate survey, conducted by Google Consumer Surveys on behalf of Student Loan Hero, found that about 20 percent of students spent their loan cash on dining out, entertainment and spring breaks.
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3 comments:
No
Say it ain't so
They think their loans are going to be 'forgiven'.
Hard-core Reality lies ahead..
Let them and the parents that were stupid enough to let them do this pay the loans.
Most of them will have crushing credit card debt by the time they're 25, with no savings and lots of crap that they don't really need.
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