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AvgIndianGuy
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histgirl
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subhashbohra
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Hi histgirl

Thanks for detailed reply. I was searching similar posts as i was getting cold feet about MBA (financing my education and Opportunity Cost).

I don't want to hijack this post and don't want to post another post similar to this... so here am continuing here


I want to know, How to finance your education, there are Indian banks who provide education loans, however they ask for collateral. As loan amount goes up to 40 lakh. How to get that loan, I don't have any property and neither do my parents.

I am married male (no kids so far) with 8 years of total IT industry work experience, now if I go for MBA it will be big debt on me (to repay loan), That risk I am ready to take.

I am getting cold feet because right now I don't see a big growth in my career, i see a stagnant growth. I want to grow in life and I believe to achieve higher goals one need higher education. So I thought for an MBA as I am thinking about this from last so many years.

Now I want to do it, but I saw costing and it is way too much. How to pay that and If I don't do MBA from any one of the top10 colleges then I believe it will again be a risk, because brand name is what sticks around.

I am totally baffled and confused, scared you can say about my career. Could you please help me out here.
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Thanks histgirl for such an excellent and complete reply...