Nearly all the developed and developing economies worldwide are experiencing an all-time in educationally related debts. College debt is taken for undergraduate and postgraduate courses. The problem at hand was the impact of the educational debt of a graduate on his/her career options. There existed a gap between why and should students be forced to work halfway through education to repay the debt acquired for the previous course. As per the analysis students scoring 75%-90% marks in school as it is believed that students who score exceptionally well get scholarships as to attract them to a particular university, thus reducing the need to finance a college education. Three types of courses were considered under the boundary of research that are management courses, technical/engineering courses, Medical/doctorate courses This is a big problem in America, 44 million American students hold nearly $1.5 trillion education debt that amounts to $37157 per student while on the contrary a total of Rs. 48416 Crore is what Indian students hold over a spread of 2481000 accounts and do this ever increasing figure the repayments are also getting affected