Students should prioritize taking an education loan rather than using family savings for tuition, even when the family can afford it, to leverage tax benefits and preserve liquid capital for higher-yi

“Should I ask my dad to sell 50 lakhs worth of mutual funds which is growing at 15% every year when I can get a loan for 8.15%. That's the step one. Now it gets even better. The second thing is section 80 tax benefits.”