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Study loans can provide crucial financial support for students pursuing higher education, allowing them access to opportunities that might otherwise be unaffordable. They enable individuals to invest in their future, potentially leading to better job prospects and higher earning potential. However, the disadvantages include the burden of debt, which can lead to financial stress and hinder post-graduation decisions, such as career choices or further education. Additionally, interest rates and repayment terms can vary, making it essential for borrowers to understand the long-term implications of taking on such loans.

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