Education is much-needed wisdom for anyone. Proper education is required for all to make this world a better place to live in.
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It must make people think as to how much to be borrowed and what will be the mode of repayment so that it does not accrue too much of interest later. More importantly, the school has the information of the total amount that is approved.
It is suggested to take a call on how much money is required for every year and take it accordingly. All the more, greediness will never pay any good rewards at this juncture.
References
- https://www.jstor.org/stable/1935927
- https://eric.ed.gov/?id=ED451759