Education loans
Do you guys think taking an education loan for a top IIM is worth it?
For people who belong from families rich enough to afford 20-30 lakhs, mba is an investment for better opportunities.
But most of the people I know, can't afford it, and tbh my family doesn't even earn that much altogether.
Leaving education loans as the last resort (apart from fee waiver and scholarships)
Do you think taking such a big loan, which will be a financial burden in future is worth studying at a good IIM? Like what if I don't land a good placement package?
For people who have work experience, it makes sense because they have practical experience so their chances of getting a good placement is very high.
But what about freshers who have just completed their bachelors (apart from btech)? Do they even go beyond 40 lpa?