It is unfortunate to think that these students do not understand what they are in for when the loans come due. In addition, this mentality helps to create an attitude that carries over into the work place as well as remains part of the student’s personal finance archives . That could make it difficult getting other loans or even credit cards in the future.
I realize that this does not apply to everyone. There are a number of students who are serious and want financial aid to get a good education. Unfortunately, there are others who look to take advantage of the system and they end up giving everyone a bad name.