Have major career problems - would appreciate your advice?
I went to US for my higher studies (MS degree in Auto Engg) & I worked for one year there. But due to the recession, I was forced to return back to India. Now I have a steady job here with decent salary - but it will take several years for me to repay back the education loan I took for the US degree. What should be my next move - look for jobs abroad to earn more money to repay back that loan quickly, or in India itself such high-paying Automotive jobs are available?
Asked By: secret - 1/13/2009
Best Answer - Chosen by Asker
It takes everyone years to pay back their student loans. You should keep the good job you have and continue to pay back your loans. With the economy the way it is a bird in the hand is worth two in the bush.
Answered By: MLE - 1/13/2009
Additional Answers (3)
American education costs so much that you're sort of expect to take a long time to pay it back. Of course it's better to pay it back sooner, but I wouldn't compromise happiness to pay off your loans. In the end, money doesn't really matter all that much, does it? So be happy and fulfilled, your loans will get paid off... More
Answered By: alittlechic528 - 1/13/2009
The automotive industry in India will be expanding greatly in the next few years. With a US degree, you should be in pretty high demand there. I would be surprised you did not get priority over other people... More
Answered By: chuckles951 - 1/13/2009
Market your skills outside the company in your own private business. From your perspective of the industry identify areas that may be lacking in your company's business. There may for instance be a market for remodeling engines/interiors to make ordinary cars outstanding in performance and appearance. From your... More
Answered By: Kevin - 1/13/2009
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