What are student loans primarily used for?

Student loans are primarily used for paying for college expenses. This includes tuition fees, which cover the cost of classes and educational services, as well as other associated costs such as room and board, textbooks, supplies, and sometimes even living expenses while studying. Given the increasing cost of higher education, student loans offer a means for students to finance their education, allowing them to focus on their studies without the immediate burden of paying these costs upfront.

In contrast, the other options are not the primary purpose of student loans. Vehicles usually require auto loans, starting a business generally involves business loans or personal savings, and investments in the stock market are made with personal savings or investment funds, not specifically student loans. Therefore, the use of student loans is specifically aligned with funding educational endeavors, making this choice the most appropriate.