You get it as soon as we get it.
Yes... That's precisely the case according to me... A salary of 15-20 lakhs in India is what a fresh grad from a reputed college gets.Is it something like that "A indian student taking up a job in India paying arnd 15-20 Lakhs (almost equal to $ 30K ) but MIT reported it in dollars so its looking low!. this may be true for people in other non us countries like china.
its just my guess .Please correct me if I am wrong
$30K in India is equivalent to making $100K in NYC.Yes... That's precisely the case according to me... A salary of 15-20 lakhs in India is what a fresh grad from a reputed college gets.
Among the list of companies is the name of ICICI bank as well..(Indian bank) , so the dots connect and since MIT has a very global brand name , many alumni might have returned to their home countries bagging good jobs but due to the stats being denominated in dollars the Non-US salary looks lower.
Thats the main point . why someone studying from MIT shelling out $ 100 k would come to india to earn so low as compared to what he spent.He'll most probably work for 2-3 years and then come back.
But the person who is making $100K in NYC has the same problem. He is going to save the same amount of money as the Indian student working in India. Both are going to repay the loan at the same time.