Aspirations for overseas education often die prematurely due to the perception that it is an expensive affair. Adding to the common myth is that studying abroad is only for the rich. While studying abroad has its share of expenses to bear, it is not out of reach with the right planning, as reaffirmed by the data on foreign education.
As per recently published Redder report, more than 7,50,000 Indians were studying in foreign universities before the pandemic, spending $24 billion in economies outside India. This student number is expected to rise to around 1.8 million by 2024, leading to the spending of nearly $80 billion.