Student Loans Become Necessity as Study Grants Fail to Cover Living Costs, Leaving Students in Financial Distress

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Student Loans Become Necessity as Study Grants Fail to Cover Living Costs, Leaving Students in Financial Distress
File photo of University of Vaasa. University of Vaasa, Public Domain.

A recent study by Kela reveals that Finland’s study grant system no longer covers students’ essential living expenses, forcing many to rely on student loans or additional income to make ends meet. The findings underscore a growing crisis, with students describing their financial situation as increasingly unsustainable and undermining their ability to participate fully in society.

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