Whopping 29.4% rise in Indian students in the US contributing $3.6 billion to US economy

November 16, 2015
According to the latest report,  in the year 2014-15 record number of around 1,32,888 students from India were pursuing education in the US, witnessing a whopping 29.4% rise and also contributed around $3.6 billion to the economy of the US.

According to the report which was revealed, India stood at second position with regards to students visiting the US making around 13.6% to total foreign students in the US. The report also said that the foreign student’s spending in all the 50 states has contributed over $300 billion to the economy of the US in the year 2014 with Indian students contributing around $3.6 billion.

Whopping 29.4% rise in Indian students in the US contributing $3.6 billion to US economy

China sits on top position with almost twice the number of students in the US as from India, but growth rate of India and the absolute rise has outpaced China’s 11%. It was also the continuous second year of increasing number of students visiting the US, following three years of drops.

The 29.4% growth of India is the maximum growth rate for the students from India in the history of the project of open doors. The previous time India grows at the comparable rate of 29.1% in the year 2000-01 when the Indian student numbers exceeded 50,000 mark for the first time.

India, Brazil and China accounts for the majority of increase in foreign students in the campuses of the US as their numbers increase at the maximum rate in 35 years, raising by 10% to record high of 9,74,926 students in the year 2014-15. The Indian student numbers in the US is more than double than what it was 15 years before in the year 1999-2000.

According to the report, majority of students from India are studying in the US at the level of graduation. In the year 2014-15, 12.4% students were pursuing at the undergraduate level, 64% were graduate students, 1.4% other and around 22.1% opted for OPT.

In the year 2011-12, India became top students sending country to the US and had also retained the position for continues eight years, through the year 2008-09.

In the year 2014-15, both India and China accounts for 67% of hike in foreign students, and they now constitute around 45% of total number of foreign students in the higher education of the US.

Students from top three nations India, China and South Korea are now representing almost 51% of the total admission of foreign students in the US, with student numbers from India and China is rising and the numbers from South Korea dropping by 6%.

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