Should I take Education Loan for BTech CSE at LPU or Choose LNCT Bhopal with EWS CRL Rank 19k?

Ans: 1. Academic Background:

Secured 1,15,000 CRL rank and 19,000 EWS rank.
12th percentage: 66.2%.
You are a dropper.
2. Educational Choices:

Booked a seat in LPU for B.Tech CSE.
Need to take a loan of Rs 7 lakhs.
Seat booking price is refundable with a deduction of Rs 1,000.
Financial Assessment
1. Loan Implications:

A loan of Rs 7 lakhs will accrue interest over time.
The repayment period may extend several years post-graduation.
Monthly EMIs could be a financial burden, especially at the start of your career.
2. Earning Potential:

B.Tech CSE graduates generally have good earning potential.
Research the average starting salary for LPU graduates in CSE.
Compare this with potential EMIs to assess affordability.
Alternative Options
1. Re-evaluate Other Colleges:

Consider other colleges with lower fees.
Look for government colleges or other private colleges with scholarships.
Utilize your EWS rank for potential advantages in admissions.
2. Cost-Benefit Analysis:

Compare the long-term benefits of the degree from LPU against the debt incurred.
Factor in job placement rates, average starting salaries, and career growth.
Financial Advice
1. Avoid Excessive Debt:

High student loans can impact your financial stability post-graduation.
Opt for a college with a balance of good education and lower fees if possible.
2. Scholarships and Financial Aid:

Apply for scholarships based on merit and need.
Explore financial aid options specific to your situation.
3. Part-Time Work:

Consider part-time jobs or internships during your studies.
This can help manage living expenses and reduce reliance on loans.
Decision-Making
1. Pros and Cons of LPU:

Pros: Good facilities, diverse student community, strong CSE program.
Cons: High cost leading to significant debt.
2. Explore All Options:

Revisit other colleges and financial aid possibilities.
Assess the return on investment for each option.
Final Insights
Prioritize minimizing debt while ensuring a quality education. Explore scholarships and part-time work opportunities. Make an informed decision based on thorough research and financial planning.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner,

www.holisticinvestment.in

Ans: Syed, LPU demonstrates superior placement performance with 92.25% placement rate for BTech CSE and 91% overall placement rate, supported by 2,225+ recruiters including Google, Microsoft, and Amazon . The institution achieved 7,361 job opportunities for BTech batch 2025 with over 1,700 students receiving packages between ?10-100 LPA . IUST Kashmir shows moderate placement outcomes with 68% overall placement rate and 67.56% placement rate for 4-year UG programs, with median salary of ?5.40 LPA for BTech students . However, IUST offers significantly lower fees with regular BTech CSE costing ?2.48 lakh total (4 years) compared to self-financed seats at ?2 lakh additional fee, while LPU's total cost remains substantially higher . IUST provides government university status with NAAC B+ accreditation and NIRF #151 ranking, whereas LPU holds private university status with stronger industry connections but higher costs . Recommendation: Choose LPU BTech CSE for superior placement consistency, extensive recruiter diversity, and proven industry exposure, unless cost constraints make IUST's self-financed option financially preferable despite lower placement rates. All the BEST for the Admission & a Prosperous Future!

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Ans: You can look at the colleges where you have secured admission for cse (domain you are interested in) and evaluate. You mentioned you got admission to Amrita, so can look at that option. Last option would be to do BSc in Computers or AI and pursue your career accordingly.