<prompt> Human: I am attending college and I have barely any spending cash, no job. Would it be bad to take out a student loan to get for example a new game or an xbox or something? I dont have loads of loans to pay for school, probably only gonna have 20k to pay off by the time I graduate. ThanksEdit: Lets assume that the loan has no interest until after I get out of school. Get your pannys out of a bunch. Edit2: I am still working on getting a job so yah thats my main priority.  <response>: Buying non-essential, non-school items is a violation of your federal school loan terms. So no, dont do it. 