Loans Availability for Higher Education in Madhya Pradesh (India).

      Аннотация: This study will help the students and policy makers to understand the facts related to loans available for higher education in the country. Higher Education supplies knowledge, which is driving modern economic growth. Hence, development of qualitative higher education system becomes crucial, which could provide access to all those who want to pursue higher studies. Access to higher education should not be limited to few sections of the society which creates inequality. Therefore access to loan will reduce inequality. Enrollment to higher education has increased significantly in the country. But, at the same time inequity in enrollment ratio is also observed, particularly with respect to SC/STs, women, rural youths, etc. This disparity needs to be corrected by bringing all those socially and economically weaker sections in the fold of higher education. New sources of financing are being explored. In this direction, student loan scheme for higher education has got much attention as a way for finance. The study revealed that educational loans should be easily available so that more students can become independent and get better job opportunities after getting higher education.

Ключевые слова: higher education, Loan availability, Madhya Pradesh, India, banks, Finance