Saturday, 22 April, 2023

Tech layoffs didn't affect education loan repayments in FY23

Tech layoffs did not affect education loan repayments in FY23, according to a report by Crisil. Despite layoffs in the technology sector, loan repayments have remained stable. Crisil found that education loan repayments remained strong due to steady employment prospects and the continuation of higher education. The report highlights the resilience of the education loan market in the face of economic challenges.