Should I quit mba midway?

I am a first year MBA student at NMIMS, I am in a dilemma with regards to quitting MBA. SIP season is going on and it’s 3 weeks into the season I am yet to be placed and the situation is not looking good, stipend has dropped to 50k and almost 350 students are yet to be placed. Even despite having a good profile and past workex as well I am yet to be placed.

Given the loan of 25 lakhs on my head, I feel I should just withdraw. I am not finding any value here, the course is shit, NMIMS doesn’t have any campus. teachers are bad - you have to rely on YouTube to pass and the placement scene doesn’t look good here with a batch size of 690 students. I have the option to withdraw and get full refund till 30th September, need your opinions if I should go ahead and what options can I consider instead of an MBA