The basic problem of fresh graduate students is how to pursue their studies in college. Financial constraints are the most appealing reason that blocks their goals in life. And because of this dilemma, most of them were recognized themselves as one of the sales ladies or any other related works. Some even were discouraged and choose to ruin their life taking drugs which was influenced by their friends. While the others find themselves working mainly at their house which is quite boring; however, some of the fresh high school graduates were eager to achieve their goals in life and were really looking for the best way how to manage this kind of situation. Due to that rationale there are programs nowadays that help these yearning students to have the space in this evolving world. Most of the countries now provide a student loan program helping the students in sending them to universities through their loans.

In Canada there are also student loan program that emerged; the federal government of Canada were the ones that provides the student loan program specifically for the Canadian citizens protected persons, and to the permanent residents of Canada. For the full-time students the loans issued to them are interest free; while for those students who have received the Canada Student Loan as their first time or perhaps after August 1995 are qualified for more than 340 weeks or approximately 6.5 years of interest free support. An additional 60 weeks to 400 weeks which is just about 7.5 years were also qualified of interest free support for students who were in merging themselves in doctoral programs. On the other hand, students in Canada who has stable disabilities as well as students who just received their first Canada Student Loan previously from August 1, 1995 will have an assistance of 520 weeks or converted to 10 years.

While in Australia, all the students are charged regarding on their Higher Education Fees. However, the Australian citizens as well as the permanent residents of the country are fortunate to grab the opportunity of their interest free loans particularly from their government which is under the Higher Education Loan Programmed. Students in Australia were mostly being supported by the Commonwealth. This strategy of the Australia’s education means that Commonwealth Government give payment to the student’s fees; then the students who were supported by this program are called as the “student contribution”. The non-Commonwealth supported students or those overseas students studying in Australia are obliged to pay a full-payment of tuition fees. In Denmark on the other hand, are being controlled by the Danish State Educational Grant and Loan Scheme Agency, specifically a Danish Government Agency. Students which are above the age of 18 were fortunate to have a free tuition that would never let them feel the hassles, this is ideal for students below the age of 20. If the students were already finished their college education, then that would be the time for them to repay the loan they had been borrowed during their college time, when they were already had their good job on them as well.