Indian Student Mobility Report 2023, published by the Global Education Conclave, it is clear that students opting for higher overseas education have grown fast, their spending abroad is ready to cross $70 billion by 2025.
According to the reports, a minimum of 1.3 million Indian students are choosing abroad for higher study in 2023, with Andhra Pradesh, Telangana, Punjab, and Maharashtra, all counted as the top Indian states for choosing abroad or going students.
Indian Students Mobility Report 2023, with the title,” Beyond Beds & Boundaries” delivers insights into the agitation of Indian students pursuing higher education abroad, in some common countries like the United States, The United Kingdom, Canada, and Australia.
The report declared that recently some other countries like Germany, Philippines, France, Kyrgyzstan, Ireland, Singapore, Russia, and New Zealand have also been added as preferred destinations for studying abroad. But Indian students mostly choose countries like the US, Canada, the UK, and Australia.
USD 70 billion is calculated to be spent by Indian students on overseas education by the year 2025 and 8.5 lakh Indian students pursuing higher education abroad in 2023, spending around USD 34 billion.
Aritra Ghosal, Founder of OneStep Global said, “ This session is evidence of our commitment to modernize the global education ecosystem and empower students. The ‘ Beyond Beds & Boundaries, Indian Student Mobility Report, 2023’ makes a notable discovery in our task to deliver actionable wisdom to students and institutions. We are excited to transmit the reports searching with the world and desire that the education sector globally profits from the finding and makes a knowledgeable decision that delivers advantage to the student community at large.”
Mr. Saurabh Arora, founder & CEO, of University Living said,” This report is a one-step guide, delivering actionable insights to the students, educational institutions, housing providers, and policymakers in the ever-evolving landscape of Global education. Our team is focusing on understanding the opportunities and challenges, with an elevated emphasis on the ambition of the Indian students seeking to study in the US, UK, Canada, and Australia.
Some of the Key Findings of the “Beyond Beds & Boundaries:
Financial Insights- It delivers a detailed utilization of the financial aspects of studying abroad, diffusing light on the considerable expenses suffered by Indian Students. This utilization underlines not only the economic effect of Indian student mobility but also emphasizes the critical requirements for targeting financial assets and scholarship.
Student Housing Challenges- The report also shows that the problems faced by Indian students in searching for suitable homes or hostels in their destination countries highlight the difficulty of securing appropriate living conditions and essential for streamlined processes and support services to diminish these challenges. Governments across the world are required to add some place national housing strategy, settle an exact, complete, and systematic method to managing the student housing problems through established aims for students’ housing possibilities and affordability, set some policies for local students’ housing policies and deliver budget and help for student housing enterprises.
The Global Education Conclave 2023, delivers a platform for transmuting dialogues, encouraging partnerships and collaborations that can shape the future of Global education. In this event, many leading experts, policymakers, and institutions will come, to discover and harness the future of India’s higher education landscape.
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