You are here

Potential Jobs for Bilingual College Graduates

Finding a job shortly after graduating college can be quite hard. Even with a shiny new degree to prove a bilingual graduate’s work ethic and dedication, companies will opt for an applicant with a proven work history if one is available. During the rough transition between graduation and an entry level position within the career field of choice, bills still must be paid. A graduate who is fluent in at least two languages can find work fairly easily, which can ease stress when the student loan payments begin. Teaching Online…

Read More

Auxilo Finservice targets ₹50-crore education loans in 3 months

HYDERABAD, DEC 22:   Mumbai-based Auxilo Finservice Private Ltd, a new NBFC on the block, is all set to begin disbursal of education loans. “We are now commencing loan disburals from Hyderabad and Mumbai. Before March 31, 2018, we will expand to Bengaluru, Chennai, Delhi and Pune,’’ Neeraj Saxena, Chief Executive Officer, told newspersons here. Target In the next three months, Auxilo hopes to disburse ₹50 crore and is targeting to lend ₹350 crore by the end of the next financial year. During the financial year 2016-17, eduction loans totalling ₹20,000…

Read More

Education loan defaults soar 47% on weak job market

HIGHLIGHTS A weak job market and wilful default by even those in well-paying jobs have hit the education loan portfolio of state-run banks. Non-performing assets soared by almost 47% between March 2015 and last March, data shared in Parliament showed. The problem is so acute for at least five lenders that the stock of bad loans has more than doubled. NEW DELHI: A weak job market and wilful default by even those in well-paying jobs have hit the education loan portfolio of state-run banks with non-performing assets soaring by almost…

Read More

Rising NPAs in education loan add to banks stress

Education loans too have started bleeding the banking sector with the default in repayment rising to 7.67 per cent of the outstanding amount at March- end, 2017 from 5.7 per cent two years ago. As per the data compiled by the Indian Banks Association (IBA), the total outstanding education loan at end of the fiscal 2016-17 was Rs 67,678.5 crore, of which Rs 5,191.72 crore was NPA. The government is already struggling to deal with the problem of mounting NPA in the public sector banks and has drawn a mega…

Read More

Study Shows Education Can Reduce Risk Of Alzheimer’s Disease

According to the Centers for Disease Control, over 5.4 million Americans have Alzheimer’s disease. As a result of the country’s aging population, this progressive brain disorder has grown to be the the sixth leading cause of death among all adults and the fifth leading cause for those aged 65 or older. Although there is no cure for this debilitating disease, a new study has found a way to reduce the risk of developing it: education. A Cambridge University study of over 54,000 people found that every year spent in school reduces the chances of…

Read More

Let’s say Auf Wiedersehen to England’s embarrassing tuition fees

There was fury when Cologne’s vice-chancellor’s salary rose €55,000 in six years. It didn’t happen again. Photograph: Alamy Stock Photo As pay scandals continue to embarrass British higher education, with university chiefs receiving eye-watering salaries and golden handshakes, it’s time to ask: why can’t we be more like Germany? A scandal erupted there a few years ago when the vice-chancellor of Cologne University increased his salary from €78,876 (£69,403) a year in 2006 to €133,781 in 2012. In 2014 a table revealing this was leaked, prompting outrage. Since then top salaries in German universities have been held in…

Read More