In the article written by Ben Luthi and published by Experian, he delves into the pros and cons of student loans and whether or not they are beneficial. Luthi starts off by talking about what student loans are and what they help with. We learn that student loans help finance your tuition, but if someone takes out an excessive amount of debt, it could pile up and become too stressful. Luthi goes on to show a t-chart list of the pros and cons of student loans. Some of the things in the pros column include lower interest rates than other finance options, accessibility to college students with no or low credit, and the can help a student afford a prohibitive education. Some of the cons include that student loans can become financially crippling, and default can lead to very serious consequences. Defaulting on a loan is when you stop paying your loan based on the account terms. The last con he stated is that the student loans someone takes out may not be enough to cover all costs, which would cause them to take out more loans. Luthi ends the article by talking about a few solutions to the student debt problem and what students can do to try and avoid an excessive amount of debt.