How is fee financing different from education loans?
In my latest deep dive, I explored the differences between fee financing and education loans. To start with, fee financing is usually a short-term solution that helps students pay for their education in smaller, manageable installments. On the other hand, education loans are typically long-term and have to be repaid after completion of the course. While both aim to ease the burden of educational expenses, they differ in terms of repayment period, interest rates, and the amount that can be borrowed. They each have their own pros and cons, and ideally, one should choose based on their financial situation and needs.
Read More