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Can anyone more familiar with the education system in India shed light on why she might not have been able to get a loan or grant? It seems like she would be a
by BrianEatWorld 13y ago
Can anyone more familiar with the education system in India shed light on why she might not have been able to get a loan or grant?
It seems like she would be a pretty low risk given her past performance and from what I have found through Google so far is that education loans in India have many of the same tax benefits as ones in the US.
Do education loans in India require collateral?
- djanogo 13y agoLoans in India require collateral, educational loans included. In this case bank's appraisal might not have been high enough to cover the expenses or the land is already under a collateral, in which case his only option was to sell. The article seems to be made for increasing hits by painting a sad picture. She would have gotten full scholarship in lot of colleges if she is as smart as they say she is. Also most people in India won't worry about taxes as they are below poverty level.