FYI the "indian" students do NOT need much mulit time for job hiring in India! I'm at a flight school in Fla and they are packed in the c-172's like sardines.......over there they mainly just need single engine time......So yeah you might be an MEI, but getting 40 hours in 3 months, vs buying 100 and doing it in about 15 days.............remember seniority is everything!!!!!
Also add the $15.00/hr u get paid as a MEI times the previous guys example of 40 hours in 3 months, that gives you a salary of $600.00.....now deduct your rent and living expenses and monthly bills for 3-months.......might be better to buy it, fly it, get it done and move on!!!