scorecardresearch
Follow Us:
Wednesday, November 25, 2020

Indian students contributed $7.6 billion to US economy last year

India remained the second-largest source of international students, despite a 4.4 per cent decline to 193,124 students, it said. According to the US Department of Commerce, international students contributed $44 billion to the US economy in 2019, including USD 7,69 billion from Indian students.

Washington | November 17, 2020 11:01:16 am
study in US, US visa, US student visa new rules, study abroad, foreign education, education news,According to the report, for the fifth consecutive year the United States hosted more than 1 million international students in one academic year. (Image: Pixabay/Representational)

Indian students contributed $7.6 billion to the US economy in the academic year 2019-20, even though there was a 4.4 per cent drop in the total number of Indian students, according to a report.

China remained the largest source of international students in the US, with the number of Chinese students in the country increased for the 16th consecutive year. There were over 372,000 Chinese students in the US during 2019-20 year, said the report “Opens Doors 2020.”

India remained the second-largest source of international students, despite a 4.4 per cent decline to 193,124 students, it said.

According to the report, released by the US Department of State’s Bureau of Educational and Cultural Affairs and the Institute of International Education (IIE), for the fifth consecutive year the United States hosted more than 1 million international students (1,075,496) in an academic year.

Read | Pandemic pushes steep drop in foreign college students

Despite a slight decline (1.8 per cent) in the number of international students in the United States during the 2019-20 academic year, this group still represents 5.5 per cent of all students in the US higher education system.

According to the US Department of Commerce, international students contributed $44 billion to the US economy in 2019, including  $7,69 billion from Indian students.

We are encouraged to see a fifth year of more than 1 million international students in the United States before the pandemic, said Marie Royce, Assistant Secretary of State for Educational and Cultural Affairs.

In video | Study Abroad after 12: How to select course, college 

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. Education is a pathway to a greater future and international educational exchange has the power to transform students’ trajectories, Royce said.

Among the top 20 places of origin, the largest percentage increases were students from Bangladesh (+ seven per cent), Brazil (+ four per cent) and Nigeria (+ three per cent). Saudi Arabia saw the largest percentage decrease (- 17 per cent) primarily due to changes in its government’s scholarship program.

📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines

For all the latest Education News, download Indian Express App.

Advertisement
Advertisement
Advertisement
Advertisement