The Study of Student Loan Debt on Financial Stability and their Effects on Students

Abstract

The student loan is helpful to the students who can’t afford to their education and they should learn about financial well-being in this I have studied about the physical and mental health of the students who are taken the loan from banks and other financial institutions which are to be repay their loans the bank will be asked to repay after the due date. This will affect the physical and mental stress taken by the students. I understood that on this topic they have to introduce the new policies which that favor the student without any stress student should repay the loan in this study student loan and how the student effect by the stress like mentally and physically after their education they may not have the job satisfaction because of thinking about their loans stake holders should help the students by giving some exemptions that will help the student to pay on time.