A young man obtained a loan for 40 lakhs to acquire a Masters Degree in the United States in the United States in the United States. Instead, he returned to India after searching for India and settled for a monthly job for a month.
66% of his salary disappears instantly – save 9,000 from him to survive. Bengerous based Finatec founder Prathay founder, “a financial crisis, a financial crisis, and the cost of living and a risk of a loan default.”
Mr. Khan explained that this situation highlights the mismatch between education costs and real job market outcomes. He pointed out that 90% of the income is turned to EMS, he pointed out that most people can end up the borrowing more.
According to him, expensive international degrees no longer guarantees high paid roles, especially in the midst of visa and a slow global economy. The consequences, he warned, and financially ewe and establish anxiety and personal relationships. Even worse, the abduction of such debts can damage one's credit score, and their financial health is at risk.
Khan was clear in his position: He will be extremely careful before he gets so much money. He instructed to analyze the proof of realistic wage prospects of India and abroad. He suggested high-roy options such as Indian institutions such as European state universities or IInts and IIMS.
₹ 66,000, only 30-40% of the 66,000 EMI Post-educational income should be calculated and it does not require a monthly salary of at least at least Rs. He also recommended that a backup fund covered with a cost of 6-12 months, he recommended.
Some of the knana strategies were made to manage or escape such a crisis. He was raised by a 10% loan to reduce the burden of the independence. The free service of technology, marketing or consultancy can add ₹ 20,000 and 30,000 monthly.
Runa suggested that the cost of living directly to affordable towns, tax saving and public transportation. For those who have already been recruited, he emphasized the request for talented scholarships and grants. He said that the rise in the fields such as AI or data science, he said. Whenever possible, the family support can help cover the gap. In addition, Khanha emphasized the importance of developing alternative skills that open unconventional or non-unsorganized work options and sides-hurries.
Given the zoom by zone, Khanu stated that India's educational loan loan is increased by 11.4% in 2023. India's total significant education loan is Rs. 1.2 crores.
Runa concluded: “This story is a careful story.” “Educational debt may be properly designed or burdensome.”