1. As you are not yet having a monthly income, adding to the retirement nest egg of your parents could be difficult, unless you opt for taking up a part-time job or tuition of kids.
2. However, you can ensure that your
parents need not withdraw from their corpus to fund your higher education, for which
you can take an education loan.
3. Most
banks in India provide up to 90% of the total cost of the course, which is 6-10 times
your parents’ salary.
4. The loan can start being repaid by you from your first monthly salary after getting a job.