The coronavirus outbreak has disrupted everything and has kept many things at stake. The loss that various nations are suffering and are yet to suffer as the consequence of this pandemic is far beyond our imagination. And then there are dilemmas of common people that are hidden under the folds of highlights of the global issues.
Students worry about education loans
Amidst various troubled section, there is this section of Indian students studying abroad with a huge amount of loans on their head. The blueprints were simple before the coronavirus spread, that is, they would repay the loan after getting a decent placement from the prestigious universities they had spent their fortune on. But things have now turned to be much different. All the forthcoming events seem to lose certainty.
Niloy Podder, who was in his final year of graduation at Chicago Booth School of Business has come back to his home in Hyderabad. He says “I was at the salary negotiation stage with the company when the outbreak happened. Now everything is on hold. I don’t know what I’ll do next.”
Ankur Pathak, a 28-year-old ex-marine engineer and a student at the University of Virginia’s Darden School of Business said that he’s very confused regarding the confirmation of his internship. He was offered an internship by the US-based consulting firm which hasn’t reverted back yet. “The internships pay decent money and are a way to land a full-time job”, he said.
Some companies continue to hire
Students like Niloy and Ankur are mainly concerned about the hefty amount of loans they are ladened with. Pursuing courses at such prestigious universities are way too costly. Some have even spent as much as 4-5 crores. They put themselves on a stake with the only hope of getting a high-salary job in return which is obvious as the careers at such places promise the same. But to not abstain from hope, there are still many companies continuing with their hiring processes. So, for now, keep your fingers crossed.