Zerodha CEO advises Indian students to rethink their plan to study abroad

With rising interest rates in the west and mass firing in high-paid tech jobs, one must reconsider the new universities set up in India, which have improved tremendously, said Zerodha's Nithin Kamath

Zerodha co-founder and CEO Nikhil Kamath on Wednesday urged students in India who are going abroad for higher education to reconsider the universities established in the country because interest rates are on the rise in the West, and due to the ongoing mass layoffs in the tech sector.

"With rising interest rates in the west & mass firing in high-paid tech jobs, one must reconsider the new universities set up in India, which have improved tremendously." tweeted Kamath.

Explaining further, Kamath said, "It's one thing to go abroad to study and network, another to be saddled with crazy debt for