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An Evaluative Study of Perceptions Regarding Educational Loans in India

Author

Listed:
  • Mohammad Junaid Alam

    (Faculty Economics & IB, Sharda School of Business Studies, Sharda University, India)

  • Uznain Haji

    (IAMAI, India)

  • Duha Masoodi

    (University of Nottingham, United Kingdom)

Abstract

This research focuses on analysis of the market demand and nature of student loans. We have used the demand and supply model to address the student loan crisis. It serves as a framework for analysing the student-borrower motivations (the demand side) and the bank-lender motivations (the supply side). Analysis of the model shows a correlation between employment, budgeting, inflation, current economic conditions, family background, type of the university, enrolment in different courses and demand for student loans. The data is an amalgamation of primary and secondary sources collected by means of sample investigation, followed by regression analysis. The research results obtained are finally analysed and reasonable explanations are put forward.

Suggested Citation

  • Mohammad Junaid Alam & Uznain Haji & Duha Masoodi, 2024. "An Evaluative Study of Perceptions Regarding Educational Loans in India," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 3, pages 134-139.
    • Handle: RePEc:ddj:fseeai:y:2024:i:3:p:134-139
    DOI: https://doi.org/10.35219/eai15840409437
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    References listed on IDEAS

    as
    1. Demetriades, Panicos O & Luintel, Kul B, 1996. "Financial Development, Economic Growth and Banker Sector Controls: Evidence from India," Economic Journal, Royal Economic Society, vol. 106(435), pages 359-374, March.
    2. Lance Lochner & Todd Stinebrickner & Utku Suleymanoglu, 2021. "Parental Support, Savings, and Student Loan Repayment," American Economic Journal: Economic Policy, American Economic Association, vol. 13(1), pages 329-371, February.
    3. Canton, Erik & Blom, Andreas, 2004. "Can student loans improve accessibility to higher education and student performance? An impact study of the case of SOFES, Mexico," Policy Research Working Paper Series 3425, The World Bank.
    Full references (including those not matched with items on IDEAS)

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