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1. Because college is expensive; 2. Because every year tuition goes up while the government lowers the amount of money giving out through finacial aid; 3. Even with grants, tuition is too expensive 4. As students we can't work full time and might need more money to take care of our other needs; 5. lizz2323 Member since:Should you default on your loan, the National Student Loans Service Centre (NSLSC), your financial institution and the Government of Canada or your province will take steps to recover the debt, which may include reporting you to a credit agency, using a private collection company, and/or taking legal action 1.Pentagon sees risk in troops' loan debt — 'Payday' lenders prey on military, report says — As many as one in five members of the armed services are being preyed on by loan centers set up near military bases that can charge cash-strapped military families interest of 400% or more, a new Pentagon report







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