The answer to this question depends on what you want to do. I have a few friends from Loyola College, Chennai, and here is what they have to say about the institute.
Even after all of this, certain students have arrear and do not like to study. They just want to enjoy themselves and do not enroll in any club, do not use the library at all.
Overall, the college is good but it is up to you to make the most of your time there.