Scholarships are every important, for any student attending college. As the years go by colleges are getting more expensive and more challenging to get in college. If your family needs help for paying for books etc. then that scholarship will help out. Scholarships are always being provided and always be available to the younger generation. Scholarships fundamentally support the capitalist structure of our economy while at the same time leveling the playing field for students across the country. Student Loan Rates Just Doubled! the economy is weak, given the rising cost of college and the ongoing debate to cap student loan interest rates.