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If you’re getting ready to apply to college and don’t have the funds to pay for your entire education, you might think that taking out student loans is a necessary evil. College graduates from the class of 2017 who took out student loans borrowed nearly $30,000 on average, according to data...
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February 9, 2022 Loknath Das
Education Loans
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The dreams of pursuing higher education from top universities abroad are catching up amongst the new-gen youth like wildfire. This is the time of the year when a majority of study abroad aspirants would have received the acceptance letters. However, the financing part (especially, education loans to study abroad) remains a...
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December 11, 2021 Loknath Das
Education Loans
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Looking to apply for an education loan? This year onwards, you have to do this online through Vidya Lakshmi- a government run portal for students who seek education loans for studies in India and abroad. The website is maintained by NSDL e-Governance and operates under the guidance of...
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November 4, 2021 Loknath Das
Education Loans
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What is the impact of student loans on your debt after you graduate? Labour MP Zarah Sultana has spoken about the impact of “colossal” student loan debt in Parliament. Holding up her loan statement, she pointed out that her debt of £50,000 built up £2,000 of interest last...
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January 25, 2020 Loknath Das
Education Loans
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Less than a year into his first term as Prime Minister, Narendra Modi came to Mumbai to address India’s financiers to mark the 80th anniversary of the establishment of the central bank. The central theme of Modi’s emotional speech was financial inclusion. “I come as a representative of...
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November 6, 2019 Loknath Das
Banking
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Maintaining a good credit score is crucial for obtaining bank loans and those failing to maintain optimum score are likely to be turned down. It will now become even more crucial for individuals to maintain good credit score. Some banks, which have already linked Reserve Bank of India’s...
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October 11, 2019 Loknath Das
Banking
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