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Tuesday, November 29, 2005

Realities of a Educational Loans

Are you planning to take an Educational Loan. Please read this before you do so.
http://youthcurry.blogspot.com/2005/11/till-debt-do-us-part.html
This is what applies the Medical field
But the worst off would be medical students. Given that they earn paltry sums until they complete their MDs, it makes sense to take a loan only if your dad owns a nursing home or is willing to shoulder your EMI burden for several years to come!

Little correction. They earn paltry even AFTER MD. Hope you know that the payment for MD graduates which Tamil Nadu Goverment now offers is Rs 10000. (Rs 8000 for MBBS and Rs 9000 for Diploma)

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