For Indian students planning to study abroad, Zerodha’s Nikhil Kamath: ‘Reconsider’
Zerodha and True Beacon founder Nikhil Kamath suggested that Indian students going abroad should also look at universities that are set up in India at a time when interest rates across the world is going up and many companies are laying off employees
Source | economictimes.indiatimes.com | ET Online
Zerodha and True Beacon founder Nikhil Kamath has some important advice for Indian students going abroad for higher education, especially considering the current circumstances where some of the biggest tech companies are laying off employees in a bid to reduce costs. Kamath suggested that Indian students going abroad for educational pursuits should also look at universities that are set up in India.
“With rising interest rates in the west & mass firing in high-paid tech jobs, one must reconsider the new universities set up in India, which have improved tremendously,” the Bengaluru-based entrepreneur wrote on Twitter. He also referred to the higher cost of education abroad at a time when central banks across the world are raising interest rates, which has significantly pushed up cost of education loan.
Explaining further, Kamath said, “It’s one thing to go abroad to study and network, another to be saddled with crazy debt for life at 7-8%.”