A recent report says that there has been a 30%-40% drop in Indian students going to the US & UK for higher studies. The major reason being cited is that it is now very difficult to find a job in these countries after graduation due to visa restrictions and an overall shortage of jobs. Considering the high cost of foreign education, many students now feel that the return on their investment will not be sufficient due to this dire job situation. Some students are applying to universities in countries like Canada and Australia which make it easier for them to find a job after their studies are over. However, the economies of these countries are not growing fast enough to generate enough jobs for all immigrants. Additionally, they primarily offer jobs to foreign students who have done their master’s degrees in specialized areas like data analytics or medicine, where there is a shortage of local talent. Foreign students who do an undergraduate or postgraduate degree in general areas like business, media or liberal arts do not have many job openings available to them. India, being the fastest growing large economy in the world, would seem to offer the best jobs opportunities for Indian graduates.

Considering that many new quality private universities and colleges offering a wide range of courses have sprung up in India, the question arises if there is any real benefit for an Indian student to study abroad.