Nowadays, anyone can pursue higher education in any accredited institution; all you really need is talent and a determination to succeed.
The parents bear the cost of education so that their child may have a better future. And this cost of education is becoming more and more expensive in the modern world. Therefore, many students who want to pursue higher education in qualified universities are not be able to do so because of financial constraints.
The Government has always worked to promote education and has always tried to assist the students and their parents. Fees paid for schools and colleges are eligible for a deduction u/s 80C. For those students who avail of loans for higher education are able to save on taxes by claiming the interest paid as a deduction u/s 80E