Online loan for college students still depends on the specific situation. This, like the national student loan, is definitely legal and was created to help poor college students get into good universities. However, there are many high-interest online loans on campus, only for students' temporary high consumption or comparison psychology. Such online loans are not recognized by the society, which will destroy the psychology, family and so on of college students. As college students themselves, they should also enhance their legal awareness, establish a correct concept of consumption, and do what they can. In the face of campus loans, we should carefully review the contract, pay attention to whether the online loan company is formal, and whether there is excess interest and liquidated damages in the loan contract. In the case of debt collection due to non-repayment, don't follow the instructions of online loan companies and issue new interest-bearing IOUs, which will lead to the occurrence of interest rolling. If the other party uses a debt collection company to illegally force debts, it shall keep the evidence in time and safeguard its rights according to law. In urgent need of money, you can ask relatives and friends for help and try to stay away from online loans.