It is really unfortunate,that the bank rate of interests for the education loan is too high,which is beyond the reach of Aam Admi.If banks provide the loan in reasonably low rates of interest,then a good number of mass will be in a position to avail ,and this will facilitate a greater number of people to get the higher education.The unfortunate part is ,that this is not acceptable to a particular class of our society,because it is their sense of insecurity,as they are scared of loosing their monopoly in the society.It is a known fact,that a highly educated person has many reasonings with him,and the reasonings of a person force him not to become the blind follower of anybody,unless it is authenticated,this part make worried to our politicians also .These are the reasons,that the concerning ministry issues the directives to banks,keeping the interest of that class of society and their own.The interest rates on home loans are lower than the interest rates on education loan.Our pioneers of the society claim,that the education in the country has become professionalized,when the facts are,the education in the country has become commercialized.A person when completes his higher education,and calculates the expenditures incurred on his education and think for the repayment of the loan,then he becomes frustrated and the circumstances force him to adopt unlawful means,which leads to corruption.
Friday, February 4, 2011
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