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Are college loans worth it? Refinancing may be a problem.



Colleges in the United States of America are getting costlier by the year and the fee structures are getting tough on the low earning common man's family and hence genuine deserving students may miss out on a good education and hence a good life in the future.

Average fee structure of a good college in USA may vary from 5000$ to 45000$ a year, the price depends on the quality of education and infrastructure as well as campus life and college reputation.
Many financing banks are readily giving away loans online and offline for students who have a good education record.But what about those who do not have a good education record, but really want to pursue education, for these people banks are not so willing to give out loans as refinancing may be difficult.

All I wish is the colleges to accept more students from the USA and may be allow more scholarships and grants for those who really need it.

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