Another problem with student loans is that they are frequently issued for way more than bare minimum required to pay tuition and study materials. This extra amo

Another problem with student loans is that they are frequently issued for way more than bare minimum required to pay tuition and study materials. This extra amount just exacerbates the problem and gives universities room to get to that money via tuition increases. Students may legitimately use that extra cash for living expenses, but most of the time it is just fun money expense.