Pay Archives - IDEGRAAF

Degree of Debt: How to pay off student loans faster

November 2, 2018 Loknath Das

Americans owe $1.5 trillion in student loan debt. The average student owes nearly $37,000 when they graduate from college. Shane King owed $36,000 when he graduated from Auburn. “Got down there and didn’t realize the cost of living,” King said. The GI Bill covered his tuition, but he still had living expenses to cover. He tried to work three jobs to provide for his family while going to school. He couldn’t keep up with work and his studies, so he took out a student loan. It was a low interest…

Publishers, Coaching Institutes To Pay ‘Royalty Charges’ To Balbharati

May 26, 2018 Loknath Das

Representational Image Private publishers as well as coaching institutes will now have to pay royalty charges to Balbharati – the state textbook bureau – for reproducing its content in resource materials or supplementary notes. These charges will range from Rs 35,000 to Rs 63,000 per year per book, depending on format of reproduction – print or digital. As per the new policy by the state government’s education department, it won’t be easy for private publishers to reproduce Balbharati’s content without obtaining the required licence. Balbharati has formulated a non-exclusive, revocable,…

Over 80% Indian millennials ready to switch jobs for a pay rise: Report

May 7, 2018 Loknath Das

For the Indian millennial workforce, money is the key motivating factor to stick to a job as 83% employees – aged between 25 to 34 years – would consider switching jobs for a salary hike, says a report. According to a survey conducted by global job site Indeed, over 80% of respondents agreed that they would consider changing their jobs to secure a pay rise. However, a number of respondents also stated that they would be willing to accept alternative benefits at work in place of a pay raise. Over…

Indian institutes pay heed when foreigners point out flaws but ignore our researchers

March 17, 2018 Loknath Das

Interestingly, Indians are not bad at spotting bugs but are just wary. Indian hackers have topped bug bounty charts of Facebook, Uber, Google and others. BENGALURU: Indian ethical hackers are reaching out to Baptiste Robert, a French cyber researcher, to alert firms of flaws in their online assets as they fear local laws in the country does not give them protection for calling out such vulnerabilities. Organisations such as Bharat Sanchar Nigam(BSNL), the India Post and Indian Space Research Organisation (Isro) have fixed those flaws after Baptiste Robert flagged the chinks in their…

India’s engineering graduates have loans to pay but no jobs – so who is clearing their debt?

January 11, 2018 Loknath Das

Four years after receiving his bachelor of technology degree in electronics and communication, B Jeyachandiran was forced to concede defeat. He had graduated in 2011 from the private Periyar Maniammai Institute of Science and Technology in Thanjavur, Tamil Nadu. He applied for engineering jobs but with no success. Between 2012 and 2013, he sold insurance in Chennai. The following year, he became a data-entry operator with a construction company in Thanjavur. But this job did not satisfy him and his salary was not enough to repay his education loan….

Pay scholarship to Kashmiri students studying in Mewar University: HC asks GoI

June 17, 2017 Loknath Das

The High Court has directed the government of India to register and pay scholarship to more than 250 Kashmiri students who had been asked by Mewar University in Rajasthan to vacate the campus because a Central education body had not released students’ scholarship money to the varsity. However, the relief for the students is one-time exception and will be valid only till they complete their courses, a bench of justice Muhammad Yaqoob Mir said. The bench also directed that the students shall be registered for scholarship that should be released…

Punjab’s pvt colleges refuse to enrol SC students on scholarship as state fails to pay

June 8, 2017 Loknath Das

Unaided private colleges in Punjab have decided not to enrol Scheduled Caste (SC) students under the centrally-sponsored post-matric scholarship scheme from the coming session. Reason: The state government has failed to release its share of Rs 1,250 crore for the 2015-16 and 2016-17 academic sessions. The decision will affect over three lakh SC students admitted to around 1,000 private colleges across the state. Under the scheme, which was launched in 2007, SC students studying in post-matric classes are awarded scholarship ranging from Rs 230 to Rs 1,200 per month. The…

The iTunes Model For Education And Re-Thinking How We Pay For College

January 4, 2017 saheli

There is a difference between a cost and an investment. And as conversation heats up about the increasing cost of higher education and the disturbing numbers related to student debt and default, we, as a country, need to take a hard look at the way we are financing higher education and preparing our workforce for productive careers and fulfilling lives. Education is the key to preparing our young people to achieve their dreams and contribute to society. But we are making it as difficult as possible for middle and low-income…

George Michael dies: Stars pay tribute

December 26, 2016 saheli

Sir Elton John “I am in deep shock. I have lost a beloved friend – the kindest, most generous soul and a brilliant artist. My heart goes out to his family and all of his fans. @GeorgeMichael #RIP” Wham! bandmate Andrew Ridgeley “Me, his loved ones, his friends, the world of music, the world at large. 4ever loved. A xx” Image copyrightPAImage captionAndrew Ridgeley (left) and George Michael during their glory days in 1985 Madonna “Another Great Artist leaves us.” Boy George “I am thinking of @GeorgeMichael’s family, friends and…

Shower of US jobs for IIT-Delhi pupils; over 20 students get offers paying over $100,000 base pay

December 26, 2016 saheli

It’s raining international job offers at Indian Institute of Technology, Delhi this year, with most of the students choosing USA for their first job, after B.Tech. According to the placement cell of IIT-D, last year only eight international job offers came to the campus, out of which four were rejected, this year the number of offers has gone up to 40 after the completion of the first phase. “Last year there were eight international job offers but out of them four were rejected by students who chose Indian companies over…