Really nice thread. After a very long time some1 raised a very valid issue. I appreciate that. I believe its mainly because of the mentality of the Nepalese people in most case.

@kesto_manchee: Dude,  Looking at your grammar and the way you write you are a DV wala or you don't know the hardship of being a student,. If you can't contribute to this thread with some insightful comments, GTFOT.

Btw, i think u should comment on kanchi thread since your mentality fits there.

@nepaliko_choro: Thanks buddy for appreciating this thread. Seriously, this has been hovering my mind from very long time. Ya i agree with you that it's nepalese mentality of show-off that plays a big role on this matter.


All other sajhaites, shed some some insightful opinions.

Peace

Sirus_Me

less than 1% of total number of foregin students are nepali. You are bitching around because you are from thirld world country. you are just experiences the shock from thirld word country to most advance country in the world. learn how talk adult language. I already went through you phase. i know what i am talking about. go and read my first response again.

Sirus,

I was also thinking the same and i agree with you. There are parents who are more than willing to invest 30 lakhs for their child to study in a medical school in Nepal but are quite hesitant to invest the same for another degree to study in America. I have also seen many Indians, Taiwanese who study in loan.

A lot of us tend to follow what others have done. If we hear about one person paying his tuition by working super hard all summer, we tend to think that thats how it is supposed to be done. A lot of us just follow the crowd and not try to think differently. My parents and relatives praised those who were able to finance themselves in America and didnt have to ask their parents for money. They made it sound so heroic that i feel so guilty asking my parents for money although i know its not gonna hurt them much financially. Its the mentality of our parents and ourselves.

@Sirus_me:
"I would say there isn't an environment for Nepalese students to get loans. To get loans banks will ask for security asset which is highly devalued."
I agree with Incasedent with the above comment. Even though I put my whole land and property in the bank, I believe I would hardly get money for a semester or two.
This is the situation bro honestly! 

hey man even it is a friday, I am an international student and this is a true article based upon us (students). I am heading to a club in a hollywood after couple of hours as it is a friday but I can't skip adding some reality in your thread as this was the question every time I ask to my self.
My worse time of my life, 2008 and 2009 where I was in University after i transferred from Community College. It is a quarter system and damn, Fall quarter, follwed by 3 weks break and winter quarter and a week break and the spring quarter; 3 quarter in a row and every quarter cost me like atleast 6000$.
For fall, I used to have some saved money from Summer, and I wouldn't have money for winter and spring. Whole fall quarter, my mind used to be focused on how I am gonna have the money for winter rather than concentrating on school.

I try to get help from my frens to pay the fee, but you know how hard is to borrow money, some of them helped me some didn't.
I wouldn't have money and I used to tell my self; f**K! my parents has a land in Pokhara, if you selll it, it is worth of couple of crore but am freaking tensed that i am not having 4 lakh to pay my college. This is the time I need money, once I start making money, why the hell do I need that money for???? If i can't complete my school, I don't think I would enjoy my life since I would always regret my self as a failer, failer just not because I couldn't pass my classes but becuase of financially. But, I tried my best till the time I can manage money but after alll I did ask my parents to send me the money every Spring qurter for 3 years. I am from a middle class family.

Look today I graduated, I mean last year. As soon as I graduated, I got a job that paid me 20$. I had 9-5 job and I could have still worked on weekends and make extra 1000$ but I didn't wanna. I still have those debts somewhere around 11 lakh, but I can't  pay that money to my parents. If I think, I gotta work some extra hours to recover that money, then my life is gone. we can alwasy make money tomorrow but we have lost many years working and schooling and I can't afford any more not going to party and enjoy the life like my homie does in backhome.  I am going back to Master coming spring, but still I am just cool with this job and enjoying the weekends. last 6-7 years, I never got a chance to enjoy the weekeds as i used to work on weekends and school on weekdays.

It is my personal thing that i added. Mero bichar ma, milcha vane, ghar pariwar bata sakincha vane, gahr bata paisa ni magnu parcha. Ma darayera namageko vaye, ma aaja graduate hunthina, first time pasia magna gahro vayera, maile mero aama lai america bolayeko thiye. imagine how hard it is. I could ask money over the fone.
To the last, sayad aaja bata maile F1 status chade jasati lagcha. I field my h1 today and thank to the guy who brought this thread and I got an opportunity to share my story.
Alright guys, It is a party time.

 Somebody mentions 30 lakhs, so here is my simple math. 

30 lakhs/ 75.00 = $40,000

Avg college tuition fee for undergrad students in public school (only few of us get here most of us go to private school) is $12,526, now add yearly expenses.

private school per year tuition fee $28,500


Also i don't think anybody would have that much cash in their bank account, so alternative is to take a loan and pay interest on that. Now add interest expenses too.

P.S. i m genearlizing on my case, not everybody is the same situation.

 I am more in C.Ronaldo situation. Had some turning point in my college life,seeked helped and moved on.......

@Sirus: I used to think about this topic too. The main reason I think is,we are way behind in "going abroad" culture. We all agree time is the main factor. As time goes on, everything that sounded unconventional tends to be normal.....And we can probably anyalyze everything said above with the same concept.



By the way: OSU lost so it prolly gonna be LSU BAMA for the BCS game. I hate it.......

Who will be these students?  Students studying in Nepal or Studying aborad? Government sends students on J1 visa and many of them are still in USA and you know they had signed paper that they will go back and serve the nation for certain years.

Nepal Government still providing basic needs and government can not provide loan to student when it depends on foreign donation.
Let's have electricity without load shading first.

Thanks for bringing up this topic.

I always had this question when i was back in school.  And i still have it here at work. I've had enough Indian frens and of course Nepalese too. this question always trobules me when i meet uncountable number of Indians & chinese at work. Definitely they they are smart but it does not mean that they all are better than us. Of course they planned better than most of we Nepalese coming to US.

Most of the frens here already have pointed out ample reasons for the question in hand. One big reason is "OBJECTIVE' of  coming ot the US.
What i have seen and understood, we are not wholly motivated by education or Job to come here. Leaving Nepal has also been one big motivation for most of the students. So your priority for finances goes down the list.

Another is the lack of information about how taking Loan could help you eventually. Proven stories etc .... I can assure you that most Nepales students who come here are smart and would land up in better schools than they are in now and would have better jobs if they were financially strong. If i go to a better school, get good scores in my test and work hard in school, i can find the best job in this country:this should be the understanding. That is what the indians have understood well. But one point we should not overlook is that Indians also have their country to fall back on in the worst case. I have indian frens who went  back to india when recession hit us and  could find well paying jobs easily....that is something we can't enjoy.

We need to spread words to our frens and family that education in the US needs to be paid for to reap its benefits..We should encourage people to take loans complete their studies. But again as someone pointed out , we tend to take the easiest way out. But a new trend needs to start forbetter things to happen. I think things have been much better than what it used to be five years back i would think. Another interesting statistics is that we are amongst the top countries to be issued F1 visas.

I feel so outnumbered in my office by indian and chinese. We should have a good ratio of Nepalese working in big companies in hte US. That only can happen if we put Education at the topmost priority when we are in school.

Sorry for drifting away at places from the main topic.

First of all, thank you everyone for keeping this rhetoric thread alive.

@sanju baba: Yea true that. But as long as the mentality is same, i don't think time will not help us.

@trust143_raj: Thanks for shedding some knowledge. To tell ya the truth, i had an indian roommate before i was in school. So as per him, it's not the government, it's the bank that gives you loan for 5/6 lakhs which is ofcourse not enough without any asset on hold. However, if you need more, you gonna put your house/land on hold as an asset then get loans. Also i had a friend who took loan of 20 lakhs with his house hold as an asset to complete his further studies in Nabil bank so it's not doable as well.

@magorkhei: It's for the students like us who come here to complete undergraduate/masters not study abroad students. Study abroad program is a short program that you study english language for 2/3 semesters. Now let's not talk about government. We all know how corrupt and disorganized our government is, but if you look at the land, you can see many lakhpati in Nepal.

@gotexasgo: Ditto all your opinions, dude. I've been thinking about his my whole college life and now professional life. We tend to work hard on labor jobs and less time on studies and hence get lower grade and struggle to find jobs. However indians, chinese and malaysian students tend to spend more time on studies than work and hence get good grades and get better jobs than us.

Another good point you brought here is "OBJECTIVE". Yes many of the nepalese only objective is to enter U.S. They hardly care about studies and more on Finance. Then after eventually getting settled down, they think about education. So yes, new international students of Nepal needs to be educated.

I also agree with you that we need to tell all the students in Nepal that the grass is always greener on the other side. If you have enough  money to support yourself then only you can finish your studies. We need to educate them that life in U.S is very different than we see in movies. It's OK to take loan and finish your college sooner and get handsome jobs where you can pay all your loan in 1 year instead of spending 2 years in community college.

Now as the US economy has gone to drain, more strict immigration rules and regulations will be applied due to which international students might not be able to work on campus/off campus in future.

Anyways, thank everyone for your good thoughts and analysis. Keep it coming.

Peace
Sirus_Me

 

One of my best fren's cousin is here in states and he was such a talent guy, at school in SLC, he was expected to be in the Board. He was from near by my town and we all used to be told to get motivated by him. When I came to the states, one of the person that I contacted was him and I could hardly remember anything beside he was giving me an advice to try to be fluent in speaking English which will be easy to get the job. I think we never had a contact as I knew him as he was my fren's cousin. Couple of years ago, everyone was shocked as he quit school. Imagine a person who never used to be involve in anything rather than studying, quit the school. No one knew. My fren back home didn't knew the reason also. But as far my friend believe that he didn't had the fund to continue school. May be he had asked money from back home and he didn't get that. You can go 1 semester, 2, 3, 4 but not anymore if you have no source of money. May be his school was one of the expensive one like ofcourse like as it is normal to be the cost annually around 14 - 20 grand. His parents was from a good middle class family who had a good business, could simply afford sending atleast 20 thousand dollar, and he is the only son beside may be he has couple of sisters.

I met his brother in law last time when I was in Nepal and he asked me, "Did you ever asked money from you dad to support you?'
I said; Yeah 2 times already 4 lakh each and I told him, I worked as long as I could and this was beyond my capacity and there was no option to get support from home or either to quit school.
He replied; "hamro falna le ni chadyo padhai, khoi kina ho, sayad paisa chaheko thyo hola, padhna pugena hola, ghar ma vanna sakena hola ki buda le pathaediyena hola, tehi  vayera hola."

I told him, yeah it could be the reason. I would  also have to quit my scholl if I didn't got money from Nepal. Yes, it was true that I couldn't finish seriously. And I was not in intension to go to Minnesotta or where my collegue that I met at Michigan had finished from Birghimon University, where you gotta proclaim your self as a christian in-order to join the college and the annual fee was only 3000$. I went this time Nepal too and my friend dad told me that as I finished my school and have been in Nepal 3 times but his son is never back almost in a decade as he had quit school.

I don't know what could be the excat reason that such a smart guy quit the scholl but financiall factor must have played a huge factor. 
So basically I am trying to prove that we certainly need to educate our parents in back home and our community that we do need some financiall support in order to finish our school. 
when i asked money for the 2nd time, my mum told me that the guy from other town had sent almost 20 lakh so far. I told my mum, can you give me his no, let me calll him and ask him how the hell he had send that amount of money and going to school. I called him and found that he was studying Nursing and he was about to get his RN from community college. Now just imagine, he is paying 5000$ a year in community college and I am paying 20,000$ a year at university. In 2 and a half year, I paid 50,000$ to graduate from university and he paid 12500$ from communiyty college. I paid 37500$ extra compared to him over 2 n half years. 
I told my mum so n so was the case.
 

Alright to all those students, it is reall tough but no matter what don't give up schooling. There are 100's of door's opened after your school.
I have one wish, a plan, that 1 day I will be able to open a banking center where we could let the students like us who suffered so much at the time of school to get loan so that will provide atleast something to add up in paying the tuition fee.
My present city, collected 1 million dollar to build so & so. Imagine if we can raise 1 million dollar to build so & so, why can't we rasie 1 million dollar to create a banking loan where the needy students can borrow some loan  and they will pay back and the cycle goes on. Imagine only 2000$ loan to one people means 500 students can borrow 2000$ to support his school. That is just a simple idea that I have in my mind. Hopefully, I will try my best to do something for the students to be able to take some loans ... .. ..  

alright guys, our society is like this in back home, falna ko chora le ta 60 lakh pathayo re, wo wosko chori le ta mahina ma 2 lakh kamawocha re. . . . kamawoni vayo ni DV parera gayepachi vannu vanda aru wopaya k cha ra daju bhai

I think it's just the mentality of Nepalese people. Somebody pointed out about spending 30 lakhs for studying medical college in Nepal and it's true  but they hesitate to provide loans to those who wants to study abroad. Nepalese society have a good ol  tradition of going abroad to earn money as a gurkha soldier , manpower worker or whatever the case may be . Therfore, most of our parents think that there son or daughter is studying abroad which means they should make enough money to cover their tution plus they expect some to send back home. Also that's what i thought when i first came to States.  In reality it's not. However, we still have that pressure to send money home or atleast cover your own expense. 
              Now talking about Indians and other asians their parents and society has already been through all these . The trend of going to abroad for higher education has been around for several years in these countries.  Therfore they are already aware about the situation and environmental condition for student thus they send their kids with the student loan or they fund their education. Anyway things are changing rapidly in Nepalese society too.  This will not stay the same. In fact it's gonna be us sending our kids to overseas to study in a student loan and give study as priority and work second especially in overseas education.  

 Sirus is 100% right. Parents putting money in your childrens, who are in US are the best investment that you will do ever in entire life.
2 years in community college is not a bad idea. Then for your next 2 or 3 years, borrow $20,000, how much interest will you have to pay. Well answer is simple, at max 15%.
That is $3000 per year. But you still have summer and and minimum 20hr/week work would be sufficient to cover you interest. After you find job, which you will after good grade and college. It would be logical and samart decision to earn 45K per year.

That is what I am going to do.

I did not read any of the posts but here is what I experienced.

My only answer, NO STUDENT LOANS IN NEPAL as Indians get loan in india for higher studies.

As I studied, worked, gave GRE , applied for univ staying in India, and my preparation was similar to my Indian friends. For 2 years masters, they take 1 year's expenses as student loan and other year's expenses they show other business/properties etc.
They get student loan easily without intrest ( or may be very less interst ) of any amount. In 2006 people get 7 Lakh INR loan without any colateral.
So, first shocking thing as I came to nepal for visa was to know there is "no student loan". S**t...... Then I had to do what others did to work around with the loan and fees. Rest of stories you all know how it goes.

Other stories you know well.

If I had got student load, I would have taken and paid back just like my indian friends did, BS.

If there is possibility of getting student loan in nepal without colateral, without interest or with very less interest I'll be glad to know.

Few suggestions to you all students:

Pick a college that will give you instate tuition ( many state colleges in MN) or find ones who will give you scholarship. State Colleges in MN are still around $3000 per semester for tuition. Large state colleges also offer oppurtunites to work Part time in the college without the hassel of INS or authorities. You can earn about $500.00 per month working as a library helper, lab helper, security guard, Cafeteria boy or a resident supervisor. That should be enough for you to live a simple student life in a two bedroom apt with 4 roomates. Lets say that you did not work during the summer, you should be able to graduate with 15K for tuition. This amount here is pretty good compared to what colleges are charging back home. In another words, if you were back in Nepal, you parents would be spending this much to colleges anyways. But if you are lucky enough to work in the summer you should be able to save up 6K during the summer itself. Hence, you will breakeven with your studies throughout your undergrad.

The key thing that lacks YOU students is that, you do not know what your goal is. You have to know the purpose of your study. What do you want to get out of it. Do you want to go to college becasue you are passionate about some acemedia and you want to master it? Do yo u want to go to college because you are under pressure to get a college degree?? Do yo u it becasue everyone around you is wanting it? Or are you just attending college becasue you do not know anything else beside going to college?

Although, getting a student loand sounds good and all for some of your cases here, it may not sound as great for the ones who just want to get a degree of some sort and then get some sort of job based on that degree. If you are in the category of just getting a degree for the sake of getting it why get a loan and increase the risk on yourself and your parents. If your parents are taking a huge financial risk by investing 8K on you initial departure and that is all you can do....then not working while going to school is probably not an option for you. But if your parents are well off and can loan spend 40K on you and you have the ability and confidence in rebuilding on those reinvested 40K why not take the loan and get it done.

It would be little naive to compare the Indian Govt policies with ours. How many of think that it is quite easy for an Indian to get an education loan? Is our government as strong as the Indian government financially. Its probably not.

The major problem i see with most of the College Kids today is that they want to live an American life as soon as they land in this country. I cannot add up how it is possible to afford an iPhone, Car, booze, Ganja,  Girlfriend and working hard establishing the fact of living an Amercan life to folks back home without working 60 -70 hrs at a gas station. Now look back at your Indian and Chinese friend. Did they own a car? Did they have an iPhone and a girlfriend? Did they party as hard as you did? Ask yourself these questions.

So my suggestion to you all students is before you decide on the loan/no loan, work/no work, Good college/Mediocre College consider the combination of (Your Acedemic Status + your Family's Financial Status + The Lifestyle you want to live during your student life). Pick the scenerio that is most applicable to you. Once you determin your scenerio do not sway away from it until the goal is achieved.

 Sidster above gave a really good advice to students. Finding one's objective is really important in deciding schools and place of study. It is not necessary to study in US to get good jobs in Nepal. Nevertheless, travelling and studying abroad could be a good experience for a lifetime. However it is not wiser to spend money on things that is not necessity and student loan is a huge burden in itself. 
All the students abroad (Europe, North America and Australia) can achieve what they want with little or no help from parents. But sometimes it might be necessary to ask help from parents or get loans.
Few advice from my side (which might be redundant)

1) Choose school based on your objective and ambition. Small schools or state universities like in minnesota are small yet has accredition and quality. They have lower tuition rates and flat rates for 12-18 credits. There are tons of schools like these. Do the research.
2) Try to live according to your means. America is full of stuffs so beware of stuffs, if you start gathering you want stop.
3) In freshmen and junior year community colleges might be cheaper option but try to locate universities where you will land after that and and if courses get transferred.
4) Try to work in summer, use your network earn as much as possible. All are not lucky but don't stop trying.
5) Don't forget the internships, they are stairways to good job.
6) Don't bother much about money, money is needed and you knew that before starting to study. So try to plan your study according to it.

If applying all or part of these things you are not able to pay, transfer to cheaper universities, or hang on if you are only few semester short or ask parents and friends.
But don't ever be a fool and be in debt or leave your study.
I was a student and this helped me to get through........