3. Imo, it's a double edge sword to study overseas with huge loans ( unless you can reduce the amount with good grades etc). Sure you get probably better education and international exposure, but I don't think our local unis are that bad. When you apply for grad jobs there are other factors as well like communication, soft skills, attitude, extra uni activities, etc which can be gained at local uni as well...Taking my company for example ( this might be an isolated case), when I applied for it there were so many oversea grads, even with a masters degree. The majority that got it was from local unis. Same starting salary and when i talked to the hiring managers / hr.....the above skills and good grades mattered more than where they graduated. The oversea grads have to pay more for their loan compared to the local grads. I know this might not apply throughout the whole market but deemed it quite consistent along my colleagues and juniors in engineering.