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study now or support my family. feeling dead from inside

 
 
saab
 
  1  
Reply Mon 22 May, 2017 09:11 am
I think it is rather difficult for us westerns to advise you in India.
The traditions are so different.
As western I would say. First of all see to that you get your education and earn money, even if it means taking a loan.
With a good education you can support your family much more.
What about your parents? Are they not working or are they just living off
renting a house? Do they expect you to support them on same time as you
study and maybe even have to take a loan?
How come you cannot get a good job to save up for an education, are there that few jobs or does it have to do with your cast system?
iamdead
 
  1  
Reply Mon 22 May, 2017 09:19 am
@saab,
There are good jobs too but they are just for professional degree holders.
My parents, my father and mother are above 60 years. Do i expect them to work.


and for loan i have to mortgage the house.
1000000inr is a big amount , the emi's will be huge.
and I'm afraid if after completing my education, i didn't get a job paying me a high salary, how would i repay my loan.
iamdead
 
  1  
Reply Mon 22 May, 2017 09:35 am
Seems like in either way, i'm losing up everything.
I would have committed suicide if i didn't had the responsibility of my parents.
I'm losing everything.
For the time, i'm holding myself to rise and fight with the situation.
Don't know how long would i be able to face it.
0 Replies
 
saab
 
  1  
Reply Mon 22 May, 2017 10:10 am
@iamdead,
So your parents are over 60. Are they over 65?
In most countries the retirement age is 65 or 67. All depends on what kind of
work you have if you can work when you are over 60. My husbond worked till his was 70, my father till his was 73, a lady I know works all day in a store and
she just turned 80. The list is long.
Do your parents have a retirement plan, if yes they should be able to use that to support themselves.
They should have thought about their future as older people and you have to think about your future.
If you think you cannot repay a loan in the future - I would say take a job and earn some money and then study. Or do as many have done - work you way up, go to evening school.
iamdead
 
  1  
Reply Mon 22 May, 2017 10:40 am
@saab,
Ma'am my father is still searching for work. We live in a small town , we don't have stores, companies to work in.
Ma'am, all my father's fault is that he trusted his eldest son. We had a transportation business. We had two cars, properties. But, since everything was purchased in my brother's name (i was too younger at that time, since, age difference btw me and my brother is 15 years ). He has legal right on everything. And now he has thrown us out. We are just left with a house.
Most of the population here belongs to business class or a daily wage background.
My father never thought for a retirement policy because he never thought that this might can happen to him someday. He never thought that his son could betray him.

For repaying loan, there is an uncertainty. If i get a job of 600000 inr pa . I can manage everything. But if i get a job less than that, then there will be a problem.
Nothing is going on well in my life. My luck has never been with me. With normal jobs , i'll not be able to save for my education.
And until my father is there, i can think to get a loan. After him, my brother will ask for his share in this property too(he can also do a court case for that). In that situation, i'll not get a loan.
I have just one chance to decide what to do with my life. If i don't study now, i won't be able to study later.
I don't know what to do.
0 Replies
 
ehBeth
 
  1  
Reply Mon 22 May, 2017 02:19 pm
@iamdead,
If you left your home city, would your older brother be found responsible to care for your parents?
ehBeth
 
  2  
Reply Mon 22 May, 2017 02:22 pm
@iamdead,
Could you get a loan against your home to allow you to build a second home? make sure the second home is in your name. then you'd have two to rent out. Use the rent from one to support your parents, use the rent from the other to get yourself to a city with better job prospects. Once established, borrow against one of the houses to get your school money.
0 Replies
 
iamdead
 
  1  
Reply Tue 23 May, 2017 04:24 am
@ehBeth,
No, my brother wants us to leave the house, so that he can acquire the last thing left with us(our house).
Bank will not provide us any other loan.
Plus its not easy to build another house. Only the land required to build a house will cost around 20,00000 inr.
0 Replies
 
 

 
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