Education Loans: Are They Worth It?

[{"selector":"#anim-bbd72063-a55c-4a52-9053-0c8ebea8d660","keyframes":{"transform":["translate3d(-114.0625%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-966abe69-99bb-40fc-9035-92c3c1cf3858","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dc4244a4-8e74-45d2-8475-0ad785091dbe","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-cdde5924-d4d4-41a2-8f9b-a2ad30dd6d60","keyframes":{"transform":["translate3d(114.87342%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6805e1fe-1628-40b8-9241-77bc8738a29a","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-df08e580-bf9c-4273-9b20-6ad6aa420d30","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] The Study Abroad Dream Millions of Indian students wish to attend the best universities abroad, in the US, UK, continental Europe and Australia. Great courses… but also, very expensive.

[{"selector":"#anim-56fc4f4c-5e21-4a33-872a-3a02673af247","keyframes":{"transform":["translate3d(-115.00001%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-49ac5078-1bff-4983-940b-848036ea3264","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dde48a04-6642-4fd5-af36-d71d65ff3aa6","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-c72aed9c-cdc9-4824-98d9-1f5c99add86c","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-78261711-e0f0-4cbe-8208-3ae1ec2e8bf3","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4ca9928d-45fe-4057-91f5-fd0e1bb1e7b9","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Education Loans Loans have made it easier to access a foreign education - but just because a loan is easily available and the institute has tied up with a financer doesn’t mean it’s the right choice.

[{"selector":"#anim-6d89f2e6-2032-4d42-9837-ca73fc51f777","keyframes":{"transform":["translate3d(-115.00001%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b0b4128c-d044-4177-8a7f-a3bc0d197e08","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b9075270-09ab-4aee-a184-73c1a3e82b7e","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-aec7459f-a026-48b5-80bb-7c81a568cfe0","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a78abb59-70b4-474e-bb92-7f23a1686dcd","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ef0265fe-c0c1-4aa0-b753-8885cdf3dcbb","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] A Loan Is A Big Deal An education loan is one of the first big financial decisions you’ll make, and one that will take 5-6 years of your working life to pay off. So you need to see if it’s worth it.

[{"selector":"#anim-8ef50a24-156b-4496-b501-fd51b2fbdd25","keyframes":{"transform":["translate3d(-114.0625%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b7e68ed7-191d-4e1c-a837-7414c8513172","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-afc817d1-d442-4efd-8724-112bf1cd6e26","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-7875a8b1-c538-42b0-a2e2-cd8affeaf419","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6c09f27b-f324-40a1-bb9d-248b67cc00df","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-28526d16-3b94-461b-a51f-358151d31c37","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Foreign Degrees - Not That Novel Precisely because loans are so easily available now, and many more Indians are heading abroad to study, a foreign degree isn’t as valuable to employers as before.

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[{"selector":"#anim-365aa911-43ff-4923-a4f0-c8617d00f4a0","keyframes":{"transform":["translate3d(-114.0625%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-236ee371-0eb6-4d75-b471-cac871d511bc","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a806f792-75d0-4122-88fa-4723abf5da2a","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-69861325-11f0-40bd-8845-59335f791cac","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-158d6bfa-cfab-4c1a-9bd5-acb2c93912e2","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6db474d6-eb8e-45ef-9790-01e51e175d10","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Don’t Be In A Hurry Don’t rush. Understand whether your parents have set aside money, whether your job prospects after graduation are lucrative - and then, after careful consideration, take a loan.

[{"selector":"#anim-1526e2b0-5f72-49e8-adae-e2dfbab6be4e","keyframes":{"transform":["scale(0.05)","scale(1)"]},"delay":101,"direction":"normal","duration":1401,"easing":"cubic-bezier(0.77, 0, 0.175, 1)","fill":"both"}] [{"selector":"#anim-1d2d60b6-9fac-46a2-890c-c91d06fd325e","keyframes":{"transform":["translate3d(0px, 100px, 0)","translate3d(0px, 0px, 0)"]},"delay":300,"direction":"normal","duration":1400,"easing":"cubic-bezier(0.77, 0, 0.175, 1)","fill":"both"}] [{"selector":"#anim-4a61c160-e708-49e3-92aa-90e6da24d6b7","keyframes":{"opacity":[0,1]},"delay":800,"direction":"normal","duration":600,"easing":"linear","fill":"both"}] Mutual Fund investments are subject to market risks, read all scheme related documents carefully.