7 Things To Keep In Mind While Financing Your Education

7 Things To Keep In Mind While Financing Your Education

If you’re an aspiring graduate, or an experienced professional enrolling into a professional MBA program or higher studies, chances are you might need to fund your university education. It also might be one of the biggest financial decisions you make that will impact your earnings potential and financial goals in the long-term. While securing educational loans has become pretty commonplace with all major financial institutions following standard practices in granting these loans, here are some tips to keep in mind before you sign up for one. Finding funds In India,…

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Change Higher Education Financing To Reduce Risk For Students

Change Higher Education Financing To Reduce Risk For Students

My favorite course in law school wasn’t with a typical law professor. Food and Drug Law was taught by the former General Counsel of the FDA. He had a volcanic temper that we assumed was the byproduct of years of dealing with bureaucrats. In class, he abided neither tardiness nor squeamishness; the first topic was food sanitation and its flip side: adulteration. We learned about butter with chicken feathers and baby food chock full o’ cockroach fragments. We waltzed through classic cases like United States v. 184 Barrels Dried Whole…

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Govt dilutes higher education financing agency’s equity requirements

Govt dilutes higher education financing agency’s equity requirements

The government has diluted equity requirements for the higher education financing agency (HEFA) after potential partners expressed their inability to infuse Rs1,000 crore into the vehicle meant to fund educational institutions at market rates. Instead of the Rs2,000 crore equity portion that the cabinet approved earlier this month, with Rs1,000 crore coming from the government, HEFA will now have Rs1,050- 1,100 crore of equity that will be used to raise funds from the markets for lending to educational institutions. Potential equity partners in HEFA balked at infusing Rs1,000 crore into…

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