Education loan access shrinking despite rising costs: Parliamentary panel

India's education loan schemes are failing deserving students, a parliamentary panel revealed. Despite promises of easy access, red tape, high interest, and unequal distribution plague the system, particularly impacting northern and rural students. The report highlights significant processing delays and the severe mental health toll of mounting debt, urging urgent reforms for equitable higher education access.

Dec 9, 2025 - 19:20
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Education loan access shrinking despite rising costs: Parliamentary panel
India's education loan schemes are failing deserving students, a parliamentary panel revealed. Despite promises of easy access, red tape, high interest, and unequal distribution plague the system, particularly impacting northern and rural students. The report highlights significant processing delays and the severe mental health toll of mounting debt, urging urgent reforms for equitable higher education access.

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