08
Apr
At LendEDU (a marketplace for student loans and loan refinance) some people were curious about answering some sensible questions: How do college students pay for some activities of their daily life? How do they finance the very popular but very expensive spring break trips to popular destinations like California, Florida, Texas and countries like Mexico, Bahamas, Jamaica, Puerto Rico and Panama? They conducted a survey among 500 students. The people chosen for it had to have a considerable amount of debt in student loans. The statistics gave alarming insights: 33.4% of students use loan money to pay for clothing, restaurants…