The Morning Brief Indians Study Abroad ‘Undebterred’
Jan 23, 2025
Piyush Kumar, Regional Director at IDP Education, and Aniket Dani, Director of Research at Crisil Intelligence, dive into the financial labyrinth faced by Indian students aspiring to study abroad. They discuss the skyrocketing tuition fees and the impact of a depreciating rupee, questioning if the investment in global degrees remains valid. The duo analyzes trends in overseas education loans and potential cost-effective universities, shedding light on how technology is enhancing loan dynamics and shaping the future for students from diverse economic backgrounds.
AI Snips
Chapters
Transcript
Episode notes
Student struggles
- Students like Bhavya and Joel face financial difficulties studying abroad.
- They struggle with rising living costs, tuition fees, and the depreciating rupee.
Cost-Effective Destinations
- Despite rising costs, Indian students still pursue international degrees.
- Some cost-effective destinations offer quality education without excessive financial strain.
Indian Student Profile
- Most Indian students going abroad pursue Master's or PhD programs.
- They primarily focus on STEM fields due to clearer job prospects and immigration pathways.