Indian students are stuck in the dilemma between affordability and preference.
Has the falling rupee affected M S Universities applications?
A study by an online portal points towards the changing trends in higher studies
abroad to US universities by Indian students. The study shows that in 2012, more
students have applied to public universities, where tuition fees are comparatively
much lower than at private universities. Among more than 1,000 applications were
analyzed, the trend is towards lower fees structures. Around 17% students applied
to universities with a fee less than USD 15,000, while almost 40% of applications
have been to universities with fees structure between USD 15,000 to USD 20,000.
In 2011, 43% preferred public universities, which has increased to 62% in 2012.
Students have applied most to universities like San Jose State University and University
of Florida while the popularity of private universities like North Eastern University
saw a decline in applications. Mohit Gundecha, CEO, YourNextLeap.com said: "Indian
students are stuck in the dilemma between affordability and preference. We have
not seen a drop in applications; however, the choices are towards affordability
this season. We also see increasing number of students applying to scholarships
and interest free loans to relieve the burden to a certain extent." Four out of
the top 6 universities applied to are public universities, according to the study.
Courtesy: Times of India
