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Tag: Education

Amanda Spielman’s speech at the Wellington Festival of Education

Loknath Das, , , , , , , ,

Thank you for that kind introduction. It is an absolute pleasure to be back at Wellington for what I think is my fifth time, and for my second as Chief Inspector. Speaking here last summer was one of the highlights of my first year. That speech was a chance to set out what I want to achieve as Chief Inspector, and just as important, it prompted an enormous amount in the way of feedback, engagement and ideas. If I had any doubts that there is a real enthusiasm and appetite…

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

Loknath Das, , , , , , , ,

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…

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Education loan defaults soar 47% on weak job market

Loknath Das, , , , , , , ,

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…

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Rising NPAs in education loan add to banks stress

Loknath Das, , , , , , , ,

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…

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Study Shows Education Can Reduce Risk Of Alzheimer’s Disease

Loknath Das, , , , , , , ,

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…

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American education leader visits Imperial

Loknath Das, , , ,

A US scientist visited Imperial to speak about innovative new teaching methods put into practice at Cornell University. Professor Peter Lepage, Goldwin Smith Professor of Physics at Cornell in the USA, gave a lecture about the potential of active learning – a teaching method where a class is made up of a series of interactive exercises, with less time dedicated to traditional lecturing. This way of teaching is already being put into action at Imperial, in line with the College’s new Learning and Teaching Strategy. There’s such enthusiasm within the College…

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