Is an Educational Loan of Rs. 8 Lakhs for Doing BDS in 2019 Worth It?

Introduction

Taking on educational debt to pursue your dreams can be a critical decision. The question of whether taking an educational loan of Rs. 8 lakhs to pursue BDS (Bachelor of Dental Surgery) in 2019 is worth it, poses a complex dilemma. This article delves into the advantages and challenges associated with this option, aiming to provide you with comprehensive insights.

Background on the Institution

The Maharaja Gang Singh Dental College in Sriganagar, Rajasthan, is one of the premier dental colleges in the country. Established with a mission to provide high-quality dental education, it has a track record of producing accomplished professionals. However, as with any institution, its ranking can be a deciding factor. In 2019, the college was not among the top institutions, which is a critical point to consider before taking on a loan for this specific year.

Pros of Pursuing BDS from Maharaja Gang Singh Dental College in 2019

1. **Local Expertise**: The college is located in a part of Rajasthan known for its rich dental heritage.
2. **Community Support**: The local community often has a vested interest in supporting its young professionals. This can be a motivator for students.
3. **Opportunities for Practice**: The area has various clinics, which can provide valuable experience and networking opportunities.

Challenges and Concerns

1. Ranking and Accreditation: In 2019, Maharaja Gang Singh Dental College did not hold a high rank among dental colleges in the country. This can impact the credibility of the degree and your future opportunities.
2. Employment Prospects: Poor ranking often translates to fewer opportunities for securing jobs in prestigious government dental care centers. This can lead to a longer and more challenging job search.
3. **Financial Burden**: The Rs. 8 lakhs loan will likely incur interest and make repayment a significant financial strain. It's essential to carefully plan and manage the loan repayment schedule.

Alternative Options

Instead of enrolling in Maharaja Gang Singh Dental College in 2019, consider waiting for a year to improve your rank and join a GDC (Government Dental College). A top-ranked dental college significantly enhances your career prospects and academic reputation.

Why Joining a GDC is a Better Option

1. Rank and Standing**: Joining a GDC typically means joining a top-ranked institution. This guarantees a higher standard of education and training, which is crucial for a profession that requires precision and safety.
2. **Employment**: GDCs often have a network of contacts and partnerships, leading to more secure and reputable job placements upon graduation.
3. **Pride and Recognition**: Improved rank and standing can bring significant personal and familial pride and recognition, making your achievements a source of immense satisfaction and pride.