You can confidently say that IMSEC in Ghaziabad is a better educational institution compared to Galgotias University (GU), based on your personal education experience. The reasons why IMSEC is superior are:
Firstly, I would like to mention that taking a loan doesn't depend on the tier of your college as it is not a type of investment. If you believe you are audacious enough to get some better college, try for it else there is no harm in taking a loan for engineering.
Education loan is just there to help you complete your engineering so that you can get placed or are skilled enough to generate some income and pay their loan back.
Colleges |
Course Fee |
Average CTC |
Lowest CTC |
Highest CTC |
IMS Ghaziabad |
7.95 lakh |
6 LPA |
4 LPA |
16 LPA |
IPEC Ghaziabad |
3.57 - 5.35 lakh |
7.39 LPA |
4.14 LPA |
19 LPA |
There is no connection between the tier of your college and your decision of taking a loan or not. It's not like you can or should only take a loan if you get some good college. You should take a loan just to ease your financial constraint.
Finally, no one knows it better if you have to take a loan or not but what I believe is the tier of college should not be the factor deciding it.