Who pays Rs 5 lakh for the bachelor’s course in digital media?

Parents of aspiring students of course! Who else?

Do you think banks will come forward to lend such an astronomical amount as an educational loan to media course? I doubt it very much.

I a shocked to read the news published by Times of India today citing impossible and unreasonable course fee for media courses like animation, journalism and photography.

A few years ago, there were no takers for visual communication course. Now, it is a hot subject among students. Even a medical course won't cost that much!

I request the aspiring students not to burden their parents with such a huge sum. It may takes years before you repay them fully.

Learn what you need.

As a teacher, that is what I advice my students-learn what you need and not what others say you need. Students get carried away easily by others’ opinions, teachers’ advice and friends’ choice of education.

Thus they don’t realize what their exact need is and what their favorite faculty is. Whatever may be the subject they choose, I am a strong advocate of education through Internet.

There is a great variety of options for online college courses these days when compared to 30 years ago. Sure, the cost of studying online too has gone up but so too the standard of education in online universities like Capella University, the fully accredited online university that currently offers 111 graduate and undergraduate specializations and 15 certificate programs.

There are various financial aid options available to face the rising educational cost. Even Capella University’s “Inside Online Education” podcast featured an in depth interview with their financial aid director Mike Nylund on the issue of financial aid to online college courses.

This 15 minute podcast can be heard at capellacommons.com.

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Student loans for bad credit?

I wonder why there are advertisements for educational loan for students with bad credit? How a student can be classified as a bad creditor? Aren't their parents responsible for their credit worthiness?

Nevertheless, I thought it would enrich my knowledge if I learn fully about this issue. Today's is the annual budget day in India. I was eagerly watching the budget session live on television.

I was hoping for more leniency for tax payers, especially woman tax payers. Our Finance Minister didn't disappoint me. The exemption was increased by another Rs.40,000.

There was some mention about educational loans but I didn't understand the financial language at all. How very convenient?

Fortunately for me, my son is about to complete his engineering degree. I need not worry about raising funds for his education anymore.