I am a class of 2016 IBDP student and have already applied to many universities in the US and Canada. Up until recently i did not see any problem with my eligibility to pay for any of the universities that i was going to. But very recently due to a major problem in my financial conditions i would not be able to take much support from my parents to pay for college.
Could anyone now tell me if i do have any chance of going to college using student loans without making my parents pay the whole EMI scheme that requires my father to pay about 1.5 lakhs per month by the end of my 4th year if i choose to withdraw about 1 crore (hypothetical number) from the loan agency for the entirety of my degree?
I know that it is a crude question but if not understandable please reply back as i’ll be highly active and would answer to any clarifications required on my behalf as i am in desperate need of answers due to the fact that my whole future is in jeopardy.
Thanks!