I am lucky to have my mum who is able to provide for my education and not needing me to borrow from the bank for my education. When I first entered university, I realised that many of my peers had an education loan where they would need to start paying back a small amount each month followed by a larger sum when they graduate. Recently, I came across this video about student loans in the United States. Seeing how the woman has to pay back her debt with a crazy high interest rate is sad because what she pays back as seen in the video is actually mostly just the interest rate and late fees that have been incurred meaning that only a small proportion goes to paying back the principal. In the video, she mentions about entering college and seeing everyone sign up for student loans and she thought that ......