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Student Loans

Learn English meaning of ‘student loans’

Date: May 12 2020

Intro

Sometimes, life gives you expense after expense. And paying for education can be one of the biggest expenses of all! Many students need to borrow money to pay for education. These students want to make a good investment in their future. They hope that they can pay off all of their student loans someday!

Vocab

pay off v.

Definition

Example I need to pay off my credit card bills before I can think about buying a house.

investment n.

Definition

Example I made a big investment in a company, but unfortunately the company went out of business. I lost everything.

anxiety n.

Definition

Example I'm having a lot of anxiety about driving again after my car accident. I really don't want to go out on the road again.

expense n.

Definition

Example Some people think that fancy cars aren't worth the expense.

borrow v.

Definition

Example My sister likes to borrow my red boots all the time.

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Quiz

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Discussion

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How do you pay for school? Do loans give you anxiety, or do you think they are a good investment?

Comments

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Bangladesh

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NIJ321655

United States

Student Loans cost alot but you have help and have a job.

joao correia

Brazil

No I didn’t need of a bank loan for my studies because I studied in a public college. But I think that if is necessary for studies I agree with the loan bank because after you there will a better job, so it’s a good investment for me.

Make headway in your life, think it.

ola3

Ukraine

That’s the dilemma to go to the University and pay through the nose and after have difficullty finding a job because the supply exceeds demand and you end up working at Starbucks just to pay off your tution and to make ends meet. Or get a job which is more down to earth, cost much less money to be trained but brings you always bread and butter. That’s the sort of tendency is in the air today.

julito1

Argentina

In my country we have both , private and public universities . public universities are free and some are considered very good.

About universities in USA, they are expensive and unless your parents had saving up enough money to send you to college, you will have to apply for a student loan, and here is where your trouble begins. Debts start piling up . You may have a degree and not necessarily-if you are in the middle of a recession, a good paid job . Your life will be full of anxiety thinking on this rope that is hanging over your head : repeating, pay me, pay me !!

I have to desagree with Andy. Those establishments that he is talking about are only greedy individuals whose only interest is making a huge profit by lending money, debt that will be almost impossible to pay it off, having the graduate student to break his/her back working two shifts to cancel the debt.

Hamedrees

Sudan

I think i’am so so lucky due to that ia’m not loan any money for my study life because of my parent .

may be sometime this loan let you more anxiety till you pay off all of it .

absolutely i agree ,, that loan can became an investment for your future life when you graduate and be an employer in a big company that time may be you remember these hard days of your life .

Ditti

Hungary

Yes. Student loans is absolutely a good investment in the future. Just the trouble is that usually people work their tail off to pay the money back and after then they have to borrow money to buy a house, then their children’s education and so on. So,unfortunately the loan is necessary evil most of our life.

And the other bad thing is that there are many people who are so poor that they can’t get a loan and they can’t get an education even they are very talented and clever.