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Archive by category Education Loans (Page 9)
Bengaluru: Reserve Bank Governor Raghuram Rajan Friday said the central bank was looking into improving the quality of education loans despite high levels of defaults. Rajan, who delivered the Sri Vithal N Chandavarkar Memorial Lecture at the Indian Institute of Science campus here, responding to a question on...
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August 10, 2017 Loknath Das
Education Loans
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There are many reasons why the interest rate on education loans is so high as compared to a car or property loan. But, don’t worry, there are some privileges through which you can save a part of your hard earned money. But, before that, here are some calculations...
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August 4, 2017 Loknath Das
Education Loans
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Indian banks have seen a 142 per cent rise in default by students who have taken education loans during the past few years, at a time when hiring for new jobs has slowed down and tech companies have started laying off employees. State-owned banks, which are already weighed...
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August 2, 2017 Loknath Das
Education Loans
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KUALA LUMPUR: The Employees Provident Fund (EPF) has made it easier for its members to settle their outstanding education loans from July 21 and this could benefit up to 70,000 members who have yet to repay these loans. The retirement fund said the members would be able to...
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July 6, 2017 Loknath Das
Education Loans
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On average, undergraduates took out $4,060 in unsubsidized federal Stafford loans in 2015-16, according to Mark Kantrowitz, publisher and vice president of strategy for Cappex.com. The average annual amount was $3,727 for undergraduate subsidized federal Stafford loans. The July 1 rate hike does not apply to private student loans Typically, federal...
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July 1, 2017 Loknath Das
Education Loans
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We’ve all read the stories scolding millennials for not growing up. How come you haven’t bought a home? Why aren’t you saving for retirement? And what’s the delay with tying the knot, for crying out loud? But a quick look at my book, Get a Financial Life: Personal Finance...
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June 30, 2017 Loknath Das
Education Loans
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