Question: Why would banks create websites to educate students about financial management? The RBC says lines of credit for education are popular and the size of

Why would banks create websites to educate students about financial management?
The RBC says lines of credit for education are popular and the size of loans to students has been going up as tuition costs have increased. Compared to “good debt” like a mortgage, student loan rates are higher, because the debt is riskier. Financial institutions know that students need help and have created financial-management websites and other educational material to help students.

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