Medical education today has become highly expensive and requires heavy investments from the students and their families if one wants to pursue medicine as their career. Though the cost of education in government medical colleges is relatively very less, not every student can get into these colleges because of the extremely limited number of seats available for admissions. Consequently, many students take admissions in private medical colleges (these colleges charge a hefty amount of INR 25-60 lakhs for MBBS) and opt for student loans to pay off the high fees of these private institutions.
With many MBBS graduates opting for higher specialized medical education, the amount of student loans drastically increases thus ultimately putting the budding doctors under severe debt before they start earning enough to maintain a comfortable lifestyle. In this article, we will be covering some key…
