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Indian students contributed USD 7.6 billion to US economy last year

Bryleoo Townsend by Bryleoo Townsend
November 17, 2020
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Indian students contributed USD 7.6 billion to US economy last year
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Indian college students contributed USD 7.6 billion to the US economic system within the educational yr 2019-20, although there was a 4.4 per cent drop within the complete variety of Indian college students, in response to a report.

China remained the most important supply of worldwide college students within the US, with the variety of Chinese language college students within the nation rising for the sixteenth consecutive yr. There have been over 372,000 Chinese language college students within the U.S. throughout 2019-20 yr, stated the report “Opens Doorways 2020.”

India remained the second largest supply of worldwide college students, regardless of a 4.4 per cent decline to 193,124 college students, it stated.

In keeping with the report, launched by the US Division of State’s Bureau of Academic and Cultural Affairs and the Institute of Worldwide Training (IIE), for the fifth consecutive yr the US hosted greater than 1 million worldwide college students (1,075,496) in an instructional yr.

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Regardless of a slight decline (1.8 per cent) within the variety of worldwide college students in the US in the course of the 2019-20 educational yr, this group nonetheless represents 5.5 per cent of all college students in US greater schooling system.

In keeping with the US Division of Commerce, worldwide college students contributed USD 44 billion to the US economic system in 2019, together with USD 7,69 billion from Indian college students.

“We’re inspired to see a fifth yr of greater than 1 million worldwide college students in the US earlier than the pandemic,” stated Marie Royce, Assistant Secretary of State for Academic and Cultural Affairs.

“Worldwide pupil mobility is as necessary immediately as ever, and we consider the US is the very best vacation spot for college kids to check and earn their levels. Training is a pathway to a better future and worldwide instructional alternate has the facility to rework college students’ trajectories,” Royce stated.

ALSO READ | Hate crimes in US reach highest level in more than a decade

Among the many prime 20 locations of origin, the most important share will increase had been college students from Bangladesh (+ seven %), Brazil (+ 4 %) and Nigeria (+ three %).

Saudi Arabia noticed the most important share lower (- 17 %) primarily because of adjustments in its authorities’s scholarship program.

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Bryleoo Townsend

Bryleoo Townsend

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