Indian Students Contributed $7.6 Billion To US Economy In 2019-20: Report

Supported by

Indian students contributed $7.6 billion to the US economy for the academic year 2019-20, despite a 4.4 per cent drop in the total number of students, according to a report released by the US Department of State’s Bureau of Educational and Cultural Affairs and the Institute of International Education (IIE).

China was the largest source of international students in the US, with over 3,72,000 students during the 2019-20 year, the increase for the 16th consecutive year.

The IIE, in its annual report ‘Open Door 2020’ stated India as the second-largest source of international students, with 1,93,124 students. However, there was a 4.4 per cent decline during this period.

The country hosted over 10 lakh international students (1,075,496) for the academic year. It is to be noticed that the US not only saw a decrease in the number of Indian students, but there was a 1.8 per cent decline in the total number of international students.

However, there was a seven per cent increase in students from Bangladesh, followed by Brazil, which contributed four per cent and Nigeria with three per cent.

Concurrently, there was a 17 per cent decline in the number of students from Saudi Arabia saw the largest percentage decrease, majorly due to changes in its government’s scholarship program.

The international student population represents 5.5 per cent of all students in US higher education system.

According to the US Department of Commerce, for the year 2019, the international students contributed $44 billion to the US economy, of which, $7.69 billion came from Indian students.

‘International student mobility is as important today as ever, and we believe the United States is the best destination for students to study and earn their degrees,’ Marie Royce, Assistant Secretary of State for Educational and Cultural Affairs as quoted.

Also Read: Uttar Pradesh: Man Beaten To Death For Urinating In Public, Three Held

#PoweredByYou We bring you news and stories that are worth your attention! Stories that are relevant, reliable, contextual and unbiased. If you read us, watch us, and like what we do, then show us some love! Good journalism is expensive to produce and we have come this far only with your support. Keep encouraging independent media organisations and independent journalists. We always want to remain answerable to you and not to anyone else.

Leave a Reply

Your email address will not be published. Required fields are marked *

Featured

Amplified by

P&G Shiksha

P&G Shiksha Turns 20 And These Stories Say It All

Amplified by

Isha Foundation

Sadhguru’s Meditation App ‘Miracle of Mind’ Hits 1 Million Downloads in 15 Hours, Surpassing ChatGPT’s Early Growth

Recent Stories

Dramatic Near-Crash in Indonesia: Batik Air 737 Battles Severe Crosswind, Pilot’s Quick Action Averts Disaster in Jakarta

India’s Human Trafficking Crisis: Meet 3 Real-Life Heroes Leading the Fight to Protect Women and Children

Over 6.2 Lakhs Cars Fined Wrongly On Mumbai-Pune Expressway Due To Camera Glitch, RTI Reveals

Contributors

Writer : 
Editor : 
Creatives :