IIT Delhi urges government to emulate Australia-like student loans

The Indian Institute of Technology (IIT) in Delhi has urged the central government to emulate Australia and extend income-contingent loans to the students to cover their tuition fees and seek repayment only after they find employment.

Human Resource Development (HRD) Ministry is currently examining the matter, confirmed R Subramaniam, Secretary Higher Education in the HRD Ministry.

To cover their fees, students in Australia avail of Higher Education Loan Programme (HELP) under which repayment begins after they find employment.

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