[Ed. – (Insert rant here. I do love that “experts don’t find it wise” to do this.)]
A growing number of students, it seems, will use their student loans to fund their upcoming fun-in-the-sun spring breaks.
Roughly 30 percent of US students will tap into their growing pile of college debt to pay for their weeklong frolic, a survey from LendEDU revealed.
That’s up from last year, when a separate survey, conducted by Google Consumer Surveys on behalf of Student Loan Hero, found that about 20 percent of students spent their loan cash on dining out, entertainment and spring breaks.
While using student loan cash for booze, beer pong and sunblock is not illegal, few experts find it wise.