Date of Publication :20th April 2018
Abstract: Development of higher education depends on various factors, among which finance plays a major role. Financing higher education has attracted serious attention of policy makers and educational thinkers. Alternative ways of financing higher education being explored and implemented to overcome the problem of deficit finance and cost recovery. Among them educational loan is increasingly seen as an important source of finance. It is necessry to note that education loan has become a way transferring financial burden from government to consumers of higher education
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