Indian Techie Returns from US Jobless, Struggles with ₹40 Lakh Loan

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  • An Indian techie took a ₹40 lakh loan for a US master’s degree but failed to secure a job there.
  • Now back in India, he earns ₹75,000 per month but spends ₹66,000 on loan repayment.
  • His story has sparked discussions on the challenges of the US job market for immigrants.

What Went Wrong?

The techie pursued a master’s in Management Information Systems in the US, confident of landing a high-paying job. However, due to visa restrictions, economic slowdown, and lack of internship opportunities for Indian students, he couldn’t secure employment even after a year of relentless job applications. Struggling with living expenses, he had to rely on financial support from his family, who exhausted their savings.

To make matters worse, his father’s business suffered losses, and his family could no longer support him. Left with no choice, he returned to India, burdened with a massive education loan and uncertain about his future.

What’s Next for Him?

Back home, he secured a job paying ₹75,000 per month, but with an EMI of ₹66,000, he barely has anything left for survival. He is now exploring freelance work and trying to restructure his loan, but without much success.

His situation has sparked a debate on Reddit about the difficulties Indian students face in the US job market. Some users advised him to keep switching jobs aggressively to increase his salary, while others suggested upskilling to improve his prospects.

While his journey has been tough, his story is a cautionary tale for students considering expensive foreign degrees. The key takeaway? Research job prospects, financial risks, and visa limitations before making such a big investment in education abroad.

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