Student loans work exactly like that. It’s taken in the students name not in the parents name. It’s a student loan not a consumer or personal loan
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like in USA and western countries, almost each kid got atleast $50,000 in student loan, while in India I never saw anyone taking student loans. So Why?
School & UG College Fee: Parents believe it's their responsibility and pay for it.
PG College Fee: Students should pay. many others took loans & Paid.
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Key Financial Considerations for Medical Professionals
1 . Debt Management: Strategize student
loan repayment, credit cards, and personal loans.
2. Retirement Planning: Maximize tax-advantaged accounts (401(k), IRA).
3. Investments: Diversify portfol