Nowadays, Education is very important for every part of our life, that is why each and every person should get education else if you don’t get yourself educated you will not be able to survive in this era also you won’t be able to get any professional jobs or if you plan to start your business you won’t be able to grow well because education teaches us the manners and methods on how to grow your business. Today we have different types of educational majors like Information technology, biotechnical, architecture, and accounting etc. In these days education is very common in every country there are a lot of opportunities in different countries to get an education whether you are national or an international student. Most of the countries student loan providers that offers different majors to students but it becomes difficult for the individuals who does not have a strong financial background that is why many individuals are not able to bear their educational expense, In this list European and Asian countries are top listed. The most common problem for the majority of the students is that they are not able to cope up with the challenges to survive with their expenses. For instance most of the students do jobs in parallel with their studies and that is why they are unable to give a proper attention to their studies because they have to run their home or his/her expensive simultaneously with their studies. This type of hurdle is being faced by the majority including middle class and lower-middle-class students, Due to this fact it is observed that many students have left their studies or as a result of frustration they have quit their studies and they continue to put their focus more on their jobs instead of studies.

We can resolve this issue to fulfill student requirement by providing study loans to student. In most of the countries, individuals are unable to get high school education because they are not being able to bear their educational expenses, if the government provide effective private student loans to the student and other educational expenses to the deserved students then it would certainly help many students to prepare for future challenges in a much better way. According to a research of UNESCO around 60 to 70 percent of children in the world are unable to learn and get themselves educated because of their expenditures. UNESCO is also working on this matter in resolving this issue and are very keen in providing funding and scholarships in different institutions to the students. It has been proved that the development and the progress of a country depends a lot on the youth of that country so it is important that issues of the youth must be taken care of. We have many great examples of some countries like Germany, United States, Norway, and other countries which provides fast and easy loans to their students because they care about their younger generation, if student can get a loan easily to complete or fulfill their educational requirement then the country will progress.

Hence, education is very important for every individual that is why if one cannot afford to continue his education he can opt for a study loan. It is compulsory for every country to make an easy and simple way to get educational loans as per the student requirement as well as it is the duty for every student that he must not misuse the loan, and as a law obedient citizen must be well aware about their responsibilities and pay the loan on time.