Defaulting on education loan? Here are the ways to prevent it

Here are some of the measures to help you prevent a default on the loan Along with medical costs, the education cost in India has been on the rise over the years, both for secondary education and higher education. People generally take a loan to finance it. However, maintaining a loan is not always easy. For instance, similar to other types of loans, defaulting on an education loan ruins your credit score. The credit score effect is not only limited to the student, but even the parent or guarantor, who…

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‘UGC now focusing on distance, online education’

University Grants Commission (UGC) Chairman DP Singh said that the UGC is now focusing on Open Distance Learning (ODL) and Online education programmes. These are futuristic programmes and UGC is trying to form guidelines and policies for such programmes, he added. UGC, in its priority programmes has adopted two pronged strategy where special teacher centric and student centric programmes are being prepared. Teachers programme focus on training them in conduct besides bringing his/ her expertise in local issues. While talking to media persons, he said, for students, policy related to…

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Have a question on loans? This may help you

> I plan to take a loan for my son’s higher education. Do I have to pay EMI from the day I get it? – Gaurav Singh No, in an education loan the EMI essentially starts after completion of the course. In the interim period, you may clear the interest component, every month. In this period, the interest applied is simple interest and not compounded. > I want to invest some money in stocks. Can I take a bank loan to invest? —KS Sujan As an advisor, I would discourage…

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UGC asks institutes to fill teaching vacancies, puts a cap of 6 months on hiring process

UGC asks colleges to fill vacant teaching posts at the earliest. (Representational image) To address the “shortage of quality teaching faculty in the higher education institutes” (HEI) in India, the University Grants Commission (UGC) has written a letter to vice-chancellors of all the universities asking them to fill the vacant teaching posts “at the earliest”. The UGC has shared guidelines to hire ‘quality’ teachers with the VCs. As per the guidelines shared by the UGC, all the higher education institutes (HEI) need to complete the selection process within six months’…

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Sarkari naukari 2019: LIC on massive recruitment drive! 8581 jobs on offer – Here’s how to apply

LIC recruitment 2019: Life Insurance Corporation of India (LIC) has issued a recruitment notification inviting applications for 8581 posts of Apprentice Development Officers (ADO). The application process has started from May 20, 2019. The last date for submission of the application form is June 9, 2019. The applicants have to apply in the prescribed format before the last date. The candidates must go through the official notification before applying for the posts of Apprentice Development Officers (ADO) to make sure that they fulfil all the eligibility criteria. They have to follow…

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CURATE admission-cum-scholarship test on April 21

New Delhi: FIITJEE’s CURATE – Admission cum Scholarship Test is a gateway that will not only ensure speedy preparation but will also hone & refine the current talent level to the one as per JEE requirements, which will ultimately lead aspirants to achieve their dream ranks in JEE 2021: FIITJEE’s CURATE Admission cum Scholarship Test has been scheduled on April 21 and the last date to register is April 20. Students can collect the Paper application forms either from the nearest centres or logon to www.fiitjeelogin.com for online registration. The…

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RRC Recruitment 2019: Online applications for Level 1 to begin from 5 pm on RRB websites, official notice here

Railway Recruitment Cells, RRC CEN 01/2019 for 1 lakh Railway jobs for Level 1 posts would be released shortly. Check age, eligibility, how to apply and vacancy details here. RRC Recruitment 2019: Apply for 1 lakh Railway Jobs  |  Photo Credit: Representative Image Railway Recruitment Cell, RRCs would be releasing the Central Employment Notification, RRC CEN 01/2019 for 1 lakh Level 1 posts in the Indian Railways today. As per the information released by the Railway Recruitment Boards, the notification would be released on the official websites of RRCs – like…

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Fall Behind On Your Student Loans? You Could Lose Your Job

Over 44 million Americans carry student loan debt and almost the same number of people need to get a government-issued occupational license to work. And currently, 15 states allow licensing boards to revoke the occupational licenses of workers who fall behind on their student loan payments . This authority can extend to any job that requires a professional license—including teachers and nurses—putting millions of Americans in jeopardy of losing their jobs and falling into government dependency. Today, Senator Marco Rubio (R-FL) and Senator Elizabeth Warren (D-MA) announced that they are reintroducing the Protecting JOBS Act,…

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UPSC Recruitment 2019: 358 new posts announced; Check eligibility, vacancy details; apply on upsconline.nic.in

UPSC Recruitment 2019: Union Public Service Commission (UPSC) has issued a recruitment notification for 358 Medical officer, Assistant Professor, Scientist, Director and Senior Lecturer posts. UPSC Recruitment 2019: Union Public Service Commission (UPSC) has issued a recruitment notification for 358 Medical officer, Assistant Professor, Scientist, Director and Senior Lecturer posts. The last date for submission of the application form for these posts is January 31, 2019. The applicants may apply in the prescribed format before the last date. The applicants have to follow the instruction given on the official notification while applying for…

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Aditi Rao Hydari on #MeToo: I lost work for eight months

When Aditi Rao Hydari called out the “dizzying heights of hypocrisy” in the film industry, she lost work for eight months. At the India Today Conclave South 2018 in Visakhapatnam, the actress revealed that there were consequences when she opened up about the #MeToo movement. “I remember when I started, I was extra-naive because I came from a protected background. I didn’t know that the rumours were true, that things like this did happen. And honestly, I have not had such a bad time. I had one incident which actually…

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