There is no point in taking a loan for either of these colleges. NIT Jalandhar is an institute of national importance and the degree will almost be the same if not better than the one at BITS Goa.

If you are concerned about placements, then choosing BITS Goa over NIT Jalandhar might be the best option. If you’re sure that the better placements at BITS Goa will help you fend off the loans then go ahead.

It is also important to note that the EEE branch at NIT Jalandhar is more popular and has pretty good placements in itself so taking a loan is not worth it. Go for EEE at NIT Jalandhar.