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Falling rupee makes studying abroad costlier
TIWN
TIWN
PHOTO : TIWN
New Delhi, Oct 9 (TIWN) Studying abroad has become costlier amid a sharp fall in rupee. The cost for studying in the US has gone up by Rs 1.5 to 2 lakh per year.
The increase in tuition fees in the US, the UK and Australia by 10 to 20 per cent is another reason behind the costlier education abroad. Also, the airfares have increased in recent times, which has added burden on students studying abroad.
Adding to the woes, the visas of lakhs of Indian students have not been approved in countries like the US, the UK, Canada and Australia.
There are long delays in getting student visas while at the same time those students, whose visas have been approved, are facing inflation due to rupee depreciation.
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