Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/26240
Title: Impact of education loans in India
Authors: Virk, Harleen
Rajkotwala, Mukarram
Keywords: Education loans - India;Education loans;Higher education;Model Education Scheme
Issue Date: 7-Sep-2021
Publisher: Indian Institute of Management Ahmedabad
Abstract: Economic growth of a country is influenced by the education levels possessed by its citizens. In India, in order to make education more accessible and affordable, the Indian Bank Association prepared the Model Education Loan Scheme in 2001, which was advised to banks for implementation by the Reserve Bank of India. This scheme has gained popularity over the years. This paper aims to understand the characteristics of borrowers opting for an education loan. Our regression analysis shows that income, age, occupation, education type, gender, and household size is statistically significant.
URI: http://hdl.handle.net/11718/26240
Appears in Collections:Student Projects

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