Education loans are financial products designed to help students pay for their college or university expenses, including tuition, books, and living costs. These loans can be offered by private lenders or government programs, and they typically require repayment after the student graduates or leaves school. Borrowers usually need to demonstrate their ability to repay the loan, often through a credit check or a co-signer. Interest rates and repayment terms can vary, so it's important for students to research their options and understand the total cost of borrowing before taking out an education loan.