
The Frivolous Spending of Student Loans On Other Things
Many college officials and former students can tell stories of friends who spend some of their student loan funds for a lavish lifestyle. Instead of spending the cash on textbooks, school supplies, room rent and transportation, they buy new gadgets, expensive clothing, restaurant meals, drugs, alcohol or party hard on spring break. While it’s entirely understandable that college students can forget or overlooked their budgeting plans when they’re mixed up in the thrills of University life, over the long haul the frivolous spending of student loan on other things isn’t sustainable. your description here. See also the What to Do After Graduating College and How to Manage Your Money Better.