The adage that education is the key to success maybe a cliche, but its the truth. One needs education to go through life. People with no solid educational background is doomed not to survive the harsh realities of this world. Due to this fact, the Canada Student Loans exist to provide bright futures for students whose parents are financially incapable of sending them to school. Its aims are to aid and support students in finishing their education and make them competitive as a preparation for the globally active world. An example of a student loan is the Canada Student Loans program that gives deserving students a chance to finish their post-secondary studies. This program was established in 1964 and up to now, it is continually helping Canadian students in their odyssey for education.

In essence, the program was created to provide loans and grants for students to send them to school and afterwards they are going to pay these loans. It is very vital for every participant to pay back or return the loans that were granted to them. Imagine if people under the Canada Student Loans are not able to pay back or return the loans, then there would be no funds to give future students who also need a loan.

Education is a serious matter and so are Canada Student Loans. If people cease to study because they lack the money, then this would affect not only their lives. It goes without saying that the whole country will be affected as well. Countries that have a strong economy are those in the First World regions since they have education. Some individuals in the third world countries cannot go to school because of poverty. As a result, their country remains poor. Canada Student Loans proved that not only can they bring change and impact in the lives of the people given by this chance, but also to the country as a whole.