Falling rupee makes studying abroad costlier
Due to the severe decline in the rupee, studying abroad has become more expensive. The expense of attending school in the US has increased by Rs 1.5 to 2 lakh annually. Another factor contributing to the higher cost of studying overseas is the 10–20% increase in tuition fees in the US, UK, and Australia. Additionally, recent increases in airfare have added to the hardship on students who are studying abroad. Millions of indian students' visa applications have been rejected by nations including the US, UK, Canada, and Australia, compounding their problems.
Long wait times exist for student visas, and those students whose visas have been accepted are also experiencing inflation because of the weakening of the rupee. Due to the rise in the cost of hostels and homestays, indian students studying abroad are having trouble securing housing. Due to the delay in other nations' granting of student visas, germany appears to be benefiting. A recent research by the German Academic Exchange service (DAAD) indicates that from 17,570 in 2017 to 34,134 in 2021, there will be more indian students studying in Germany.
Actually, the German government funds education. There are no tuition costs for any foreign students attending state-funded universities in Germany. In light of the more expensive education in other well-known nations, this is one of the largest advantages for international students in germany and a huge relief for indian students. indian students can take a variety of courses for cheap in places like germany, but the students are resistant to changing their tastes.
Long wait times exist for student visas, and those students whose visas have been accepted are also experiencing inflation because of the weakening of the rupee. Due to the rise in the cost of hostels and homestays, indian students studying abroad are having trouble securing housing. Due to the delay in other nations' granting of student visas, germany appears to be benefiting. A recent research by the German Academic Exchange service (DAAD) indicates that from 17,570 in 2017 to 34,134 in 2021, there will be more indian students studying in Germany.
Actually, the German government funds education. There are no tuition costs for any foreign students attending state-funded universities in Germany. In light of the more expensive education in other well-known nations, this is one of the largest advantages for international students in germany and a huge relief for indian students. indian students can take a variety of courses for cheap in places like germany, but the students are resistant to changing their tastes.