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Tuesday, 11 October 2022

Studies abroad is a big shock for people, problems will arise or tension will increase.

Studies abroad is a big shock for people, problems will arise or tension will increase.

know about expenditure for foreign study

Due to depreciation of the rupee, the average cost has increased by 1.5 to 2 lakh per annum for America and the tuition fee has increased by 10 to 20 percent in countries like England, America, Australia.

1.5-2 lakh increase in cost in America due to depreciation of rupee 

The depreciation of the rupee has increased the average additional cost to the US by 1.5 to 2 lakh rupees annually. The reason for the expensive education abroad is that the tuition fee has increased by 10 to 20 percent for major countries like England, America and Australia . Also, other expenses like flight fares have increased these days. 

Despite the high cost of studying abroad, visas of millions of Indian students have not been accepted in many countries like America, Canada, Australia . It is taking a lot of time for students to get student visas, but students whose visas have been approved are facing inflation due to the devaluation of the rupee. PG to Indian students abroad And finding a place to stay is difficult due to the increase in home stay prices. Along with the arrival of large number of people in these countries after the epidemic, the price of cars has also increased. 

Studying in Germany is cheap 

In popular countries like UK, USA and Canada, Germany has the benefit of longer time taken to get a study visa. Indian students have interest in this. According to a recent report by the German Academic Exchange Service, the number of Indian students who came to study in Germany increased from 17,570 in 2017 to 34,134 in 2021. 

Tuition is subsidized by the German government. All international students studying in state-funded universities here do not have to pay tuition fees. This is one of the biggest benefits for Indian students in Germany. This is a matter of relief for Indian students amid the expensive education abroad. 

10 to 20 percent increase in tuition fees for countries like England, America, Australia

Countries like Germany also have different syllabuses available to Indian students at lower cost, yet students choose different countries to study. According to Sumit Jain, co-founder of Yoket, India's largest community-based platform for study abroad, the depreciation of the rupee has resulted in an average additional cost to the US of Rs. 1.5-2 lakh has increased. However, students do not make decisions without thinking. Sometimes when students only apply to Canadian schools, they don't change countries. Some of those students are trying to take PR after education and there is no point in looking towards other countries. Many students keep options open and focus more on education. They also consider other options. America has done very well in the STEM syllabus. For non STEM we can say that the UK and Australia will receive more students.

Many countries have lifted the Covid restrictions. According to industry experts, the number of Indian students going to countries such as the US, Canada, Australia, the UK, Ireland and New Zealand could reach one million by early 2022, almost double the pre-pandemic levels. The number of applications has increased a lot as compared to earlier, due to which now it is taking time to get the visa. Ghosh, a student resident of Kolkata, said that it is taking around 440 days to get a visa from here. 

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