Scholarships are very important because is shows for one you've achieved something or have certain qualities to obtain a scholarship. The cost of living is going up and also the cost of college is going up. To quality for certain jobs you need a college degree if you don't have a college degree you don't even get looked at. To help you get a degree and later on in life pay off student loans you need to work harder in life and gain scholarships.One quarter of the U.S. population owe a collective $700 billion in student loan debt. With scholarships you can help lower the debt you owe for student loans. Some people don't have the money or opportunities in their life to go to college, scholarships is just another way to help them.