Is it affordable for an Indian student to pursue MS from MIT if he belongs to a middle-class family?
Career Talk Work & Career 2 years ago
Posted on 16 Aug 2022, this text provides information on Work & Career related to Career Talk. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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Best Answer
2 years ago
Approximate fee if you secure a seat goes to around 70000 USD and this includes your book, accommodation food and course fee. Your traveling visa, application and other expenses are separate. So, assume the cost of around 6000000. So, as a middle class definitely will not be able to affordab. However, you have an option like scholarships within and outside university and bank loan for funding. 80 percent of MS graduate opt job and rest 20% continue their higher studies and average package for an MS grad of MIT is USD 45000 considering this within 2 years, you should be able to repay your loan too. Considering this, taking loan is not a bad idea.