Posted on March 27, 2009 at 6:20 am For good high professional courses it is difficult to proceed without loan, because of high cost.  But even after completion of the course with high cost whether any chance to get better remuneration to the tune we expect or to the tune of expense made to complete the study.  Sons of some friends persuaded to high studies and completed and now jobless due to recession and now debt trap.  They are totally restless due to high debt and no money to even meet the daily expense.  One of the person was telling me that if he had not persuaded higher studies, he might have got good job earlier itself.

Posted on April 7, 2009 at 9:55 am I think this depends upon the economy.My friend got student loan.And even in this recession period she got a good job and almost paid back 75% of her loan.When educational institutions increase their fees,its obvious students have to get the loan.I think its better to get a loan rather than saying not to go for higher studies.Recession might end in a year or so.But after 2 years we may or may not have the mood and situation to study.. :)

Posted on April 7, 2009 at 11:54 am it still is not advisable to do this.

Posted on April 8, 2009 at 4:15 am but the banks tell they are charging less for the student loan , but at the backend the are putting more charges and it is getting costly and if any thing goes wrong you will be in debt trap

Posted on April 8, 2009 at 4:20 am Government banks is not give the loan, the goveernment banck is comit the process is so late. City Bank is best bank  this is provide the loan with in 24 ours   well friends contact the education loan in City Bank