#1  
10th October 2018, 03:41 AM
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Drawbacks of Bank Education Loan for BPharm aspirant?


Hello everyone, I want to know the drawbacks for applying Bank Education Loan? I am from Science stream and willing to study BPharm. And I am planning to apply for an Education Loan from any Bank. Please tell me if there is any drawback.




  #2  
11th September 2022, 11:30 PM
Hera tabrez
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Join Date: Oct 2020
Location: Kanpur
Posts: 6,959
Default Re: Drawbacks of Bank Education Loan for BPharm aspirant?

Some of the drawbacks are

Student loans can be expensive
Defaulting on student loans can take your credit score
It's almost impossible to get rid of student loan if you can't pay
Paying off students loan means putting off other life goals
Students loan mean you start out life with debt.
Have interest burden
Do you have any question? or have anything to say?



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