Because the interest rate are out off this world. Interest rates can vary between two and a half to twelve percent. And let's just say you take out one hundred thousand, and say you pay it off 10 years after you graduate college. You will likely have paid one hundred and fifty four thousand dollars by the time you pay it off. That is one and one half times more than you took out. Lets just say you do take out a student loan, and let's also say you pay it off in 5 years after you take it out. If you constantly pay it off you it's okay right. It can be but you still will have to pay some extra money to the bank which is okay. And it will take all the stress off your shoulders of getting these scholarships. And you can enjoy college because there will less worries. Yes you can take out student loans and not owe the bank to much more than you took out.. But the thing is with scholarships and grants. Someone else is paying for your college so that one hundred thousand that you would of owed the bank when you get of is there and when you have debt it's very stressful it hurts relationships one in three divorces are due to money. And guess what debt causes, money