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That is pretty plausible, the third choice especially. It's always bothered me as to why Maya couldn't afford college and the MC could.At the end of the day, we all know Maya needs the 'free' tuition purely to drive the plot. It's the perfect excuse to get the shy, feminist character to pledge the party-girl sorority; sexy, drama-filled hijinks ensue.
That said, I do think there are a few possible fig leafs to explain her obsession with it. We know from her initial discussion that she IS taking out student loans already. So the real question is why student loans are enough for a 'poor' student like the MC, but not enough for Maya. Three possibilities occur to me.
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First, she's just more properly paranoid than the MC is: loans need to be paid back, and the MC may not realize just how big his debt truly is. We know economics isn't something the MC thought much about until Jill brought it up. Still, this seems unlikely.
Second, Maya had to take smaller loans because she refuses to work part time the way the MC and Josy did. This is supported by her comment that her dad wouldn't let her work in the Episode 4 flashback. So it's a great explanation... except that given how committed she seems to be to getting out from under her father's thumb, you'd think she'd be doubly committed to getting a job (she can simultaneously earn much needed money and defy him.) Could not getting a job be one of the terms of his ultimatum? Maybe.
But I think the most plausible explanation is that Maya's parents refused to co-sign her loans. Normally that's how young people with no record of financial responsibility can avoid ruinous interest rates. The MC's family is poor, but his dad has been working for decades, so he could have a decent credit record and at least a little collateral to back up the MC. Maya on her own, though, has more or less nothing. So it would make sense that she simply couldn't afford to borrow enough to pay for her tuition - even if she does work part time on the side.
So that's my attempt at rationalizing the situation. YMMV.