I am considering 40L student loans
So I am 19 and for further education of almost 6 years considering taking student loans.
Parental income is almost 2L.
My parents have their own loans to deal with so they will not be able to help with it and I also don't wish to burden them as they're nearing their retirement.
I do some freelance work so I do get ₹7k for almost every 6 hours of work and am thinking to scale it up or increase the amount of gigs I take on to passively pay out in those 6 years before the actual compulsory payments start.
So is there anything else I can do? Anything I can do that can make sure I do not get stuck in the loans? Any advice? And risks that people encounter? Traps I should avoid?