Problems of Students Related to Education Loans in Kerala

  • Dr. Suja J,


Education is the process of instruction meant for the all-round development of individuals, providing with necessary tools to participate in day-to-day activities. It dismisses ignorance and promotes moral values in the individuals. Increasing costs of and returns to college have led to huge increases in the demand for student loans in many countries. The students need to face many problems to get education loans. Many students desirous of pursuing higher education complain about the difficulty in obtaining approval of educational loans by banks. Students in Kerala facing so many problems related to Education Loans. The main problems are mainly related to Sanction and Disbursement of Loan and the second category is based on the Repayment of Education Loan. The present study is very helpful to identify the problems facing the students of Kerala related to Education Loans.