I see no reason why not, Granted they pay taxes and and came here under the care of a guardian or when they were a minor. They should also be in the process of gaining citizenship or lawful status.

If the above conditions are meet, it would only mean positive things for this country. Like improving inter-generational mobility, not shipping away practical Americans who were raised here but not born here, etc.

They shouldn't receive special scholarships by the government because of their illegal status however.

The USA should be the land of opportunities. People who illegally immigrate to another country often bring their children. Should these children be denied perspective in their lives, in other words: be punished for something their parents did and therefore be disparaged for the rest of their lives?

The problem of segregation is big enough as it is. Not giving these children the same opportunities as their 'legal' counterparts will not only cause more poverty and regular crime, but also divide people, leading to more hate crimes. I was always taught that education can make the world a better place.

When someone says you are illegal or you are not allowed to live "here" or anywhere, i think of God. I believe in God and that this is God's land and not yours. Although this argument is weak, i truly believe that this land belongs to God and he says that everyone can live here. Or that he implied it.

Well, in your description you put "private loans". If they are private... it should be up to whoever is giving out the loans... not the government.

If you mean subsidized loans, I would still not see a problem. They still have to pay it back, and depending on how long it will take them, it will build interest. Loans make whoever's giving out the loans money. It's kind of win-win.