How This Indian Student Repaid His Student Loans in Three Years

Devang Desai
Devang Desai
Spread the Word
Listed Under



Mumbai - Maharashtra - India

MUMBAI, India - July 27, 2018 - PRLog -- All of us have dreamt of something as kids. As we grow, we mature and our priorities change. We discover what is important to us and what is not. We go ahead and pursue something instead of what we thought of back in our childhood. Growing up does not necessarily mean that you outgrow the dreams you have always seen.

Dreams are hyperbole. I prefer calling them "plans". Dreams are just fantasy unless you have a plan which makes you believe you can achieve.

In this interview, our student Devang Desai calls out about his plans, how he worked hard for them and how he achieved them.

1. Which university and program did you apply for?
I applied to Stevens Institute of Technology (USA) for my Masters in Telecommunication Management.

2. What did you think was the most challenging part about studying abroad? How did you face it?
Surviving and paying for day to day expenses like rent, food, travel and other expenses is the biggest challenge. Another challenge is living by yourself and doing all the household chores along with studies, doing a part-time job so you can pay all the expenses. It gets difficult, as it seems that going to the USA is a dream come true but to achieve that dream you have to work harder and sacrifice certain things to achieve your goals. Though being away from family makes you feel homesick but having friends and colleagues around and that dream of achieving something helps you to overcome the problem.

3. Did you finish making your repayments? What was your repayment period?
Yes, I have finished my loan payment. It took me around three years.

4. Our readers would like to get some advice from you on making repayments.
I started making repayments once I got a full-time job after I finished my graduation. I started keeping a small amount of savings, reduced my expenses and did budget control. I was able to make a large payment towards the loan repayment. If you pay large payment back to the loan amount initially, it will only help you to cover up your interest rate.
You can consider living near your University or workplace in order to cut down on your travel cost.

"While making any expense, ask yourself whether you really need this?"

5. Where are you currently working and as what? Is this what you have always wanted to do or be?
I am currently working with Sprint Corporation, USA as a Senior RF Engineer. I have always been fascinated by working in the Telecommunication industry and have always been working towards it. Both my Bachelor's and Master's were in the same field. Though I see now that IT and Computer Industry has been booming a lot since I was having trouble learning to program and was not that good with software skills I decided to continue toward the wireless part.

6. How was your overall experience with Paras Education Services?
It is really useful for the students coming from a background who cannot afford to pay tuition fees that is so expensive and have troubles to get the bank loans easily because of collateral and co-signor constraints. Paras Education Services actually helps a lot to students who have dreams and look forward to achieving them.

7. What is your advice for prospective international students?
If you want to achieve something in life, do set a goal. Work hard towards it, make sure you do not quit seeing thinking it is difficult to achieve. Paras Education Services will help you out in getting education loans and no matter what university you want to pursue your higher studies at or how expensive the program gets, you can secure a loan. It will make sure that you get what is needed for your education loan to be transferred into your school account.

If you consider going abroad, start your preparations earlier. Do a thorough research on the country you want to go to, the scope and availability of courses, finances etc. Pay extra attention while shortlisting Universities. It is a big step, so do not rush and make the wrong choices. Contact an expert for admissions and finances today.

Paras Education Services
Visit for easy education loans.
Write an e-mail to

Email:*** Email Verified
Tags:StudyAbroad, Educationloans, studyintheUSA
Location:Mumbai - Maharashtra - India
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Page Updated Last on: Jul 27, 2018

Like PRLog?
Click to Share