Representational image of Education loan

Photo: DNA

With Education Ecosystem In Doldrums, Student Loans Plunge This Year

Due to a low admission turnout, a decline has been witnessed in student loan applications. However, Avanse, India’s second-largest education loan company, claimed that lenders are willing to take risk of default on loans for overseas education. It cited focus of Indians on employment-generating streams as reason. The company's CEO said they look optimistically for the fourth quarter when admissions start. Reportedly, loans for education technology have risen this year.

Wed, 30 Sep 2020 - 01:41 PM / by Nitesh Kumar Singh

Tags
Education
Covid-19
Lockdown
education loan
Overseas Education
Technology
Courtesy
Times of India

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