Migration Help
11th October 2009, 03:39 PM
Over the last couple of years, Indian students made news on international campuses and emerged as the biggest group the world over, going past even the Chinese.
In America, India remained the leading country of origin of foreign students for the seventh consecutive time in financial year 2008, increasing by 13% to 94,563 students, according to the Open Doors report - published annually by the Institute of International Education (IIE) with support from the US Department of State’s Bureau of Educational and Cultural Affairs. In all, over 2 lakh Indian students studied overseas last year.
And the attraction of global campuses is not just because of problems at home - such as not enough seats for professional courses or the reservation system. Overseas education is considered a ticket to global careers - and Indian professionals are among the most sought after in the overseas job market.
Besides, Indian families still value education over most other investments and parents are willing to avail themselves of loans to send their children for foreign degrees. Indian banks have been providing loans at attractive interest rates in the last few years for education overseas.
In fact, many overseas universities depend on revenue from foreign students and increasingly see India as one of the biggest markets. In 2007-08, for instance, Australian educational institutions earned around A$13.7 billion forex from international students, with as many as 97,000 from India enrolling in courses across the country.
However, is the dream run now over? ..................SEE: The Economic Times (http://economictimes.indiatimes.com/features/the-sunday-et/special-report/Will-Indian-students-continue-to-be-the-largest-group-in-global-classrooms/articleshow/5111135.cms) for the full story.
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In America, India remained the leading country of origin of foreign students for the seventh consecutive time in financial year 2008, increasing by 13% to 94,563 students, according to the Open Doors report - published annually by the Institute of International Education (IIE) with support from the US Department of State’s Bureau of Educational and Cultural Affairs. In all, over 2 lakh Indian students studied overseas last year.
And the attraction of global campuses is not just because of problems at home - such as not enough seats for professional courses or the reservation system. Overseas education is considered a ticket to global careers - and Indian professionals are among the most sought after in the overseas job market.
Besides, Indian families still value education over most other investments and parents are willing to avail themselves of loans to send their children for foreign degrees. Indian banks have been providing loans at attractive interest rates in the last few years for education overseas.
In fact, many overseas universities depend on revenue from foreign students and increasingly see India as one of the biggest markets. In 2007-08, for instance, Australian educational institutions earned around A$13.7 billion forex from international students, with as many as 97,000 from India enrolling in courses across the country.
However, is the dream run now over? ..................SEE: The Economic Times (http://economictimes.indiatimes.com/features/the-sunday-et/special-report/Will-Indian-students-continue-to-be-the-largest-group-in-global-classrooms/articleshow/5111135.cms) for the full story.
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