In a situation like this, you have no other option than to opt for student debt. But later on, after the completion of your studies, if you are unable to repay the loan, that very future life for which you took the loan at the first place would get hampered. Your credit ratings will have this patch forever making it difficult for you to get any loans in future. And unfortunately this example is true for most students all over the world and is increasing every day, the biggest reason for this being unemployment. But there are ways to avoid it too and that is by taking student loan help.
If you think that you could be defaulting on your Student Loan India, the first thing you should do is be honest with your lender. Let your lender know the situation you are in and if they feel that you could be able to repay their loan amount if given some extra time over and above your stipulated time, then they would do so since all they want is their money back. Even after getting extra time, you cannot repay your student debt, it is suggested that you take student loan help to find ways to avoid falling into the category of bankruptcy and harming your credit rating. There are cells set up in universities and colleges to help students like you facing debt related problems and you can approach them. There are other ways of avoiding student loan default too. If you have other loans along with your student loan, you can go for loan consolidation. You might have to pay more in the long run but presently you would have to pay in lesser amount than you would have had to, if you would have paid for the two loans separately.
Hence go for student loan help if you feel you have chances of defaulting so as to avoid harming your credit rating report with your student debt which is really meant for making your future and not for breaking it.