Discover American Higher Education is actually available affordable cost in India without student loan.
Indians, for whom foreign exchange is really precious, need to do some serious math before even thinking of taking on thousands of dollars in “financial aid” or student loans, especially since the tuition, travel and stay can add up to tens of thousands of dollars. Education in the US, even with a student loan is an expensive proposition and the ROI (Return on Investment) may sometimes not justify the expenses, especially in the current economic climate. For instance, an MS or an MBA from a third (or fourth-tier) university in the US may help you land “a” job in America but not “the” job. The question one should ask is, “How many years do you think it will take to repay tens of thousands of dollars in loans?”
Students and their parents need to be really pragmatic about the financial aspects of higher education and take a holistic view of the entire educational experience.
Realistically speaking, except for the most talented, scholarships or grants are extremely hard to come by and one should not be lured by hopes of easy money or “financial aid”. Having said that, however, a world-class education in a top university can be a passport to future growth and earnings, one that will remain with you for the rest of your life.
While most people in India say that it is an 'in-thing' to send your kids abroad for studies, Indian students across North America feel there are many reasons for their opting US universities. These include non-availability of certain disciplines and limited choices in India, social prestige, foreign-is-better-than-India-attitude and local-degrees-won't get-you-anywhere among others.
For an average Indian family, sending a son or daughter to the US for higher education can be an expensive proposition. Right from arranging dollars for taking GRE, GMAT and TOEFL, to sending applications to American universities, the expenses when converted to Indian rupees can add up pretty fast.
Moreover, the US education system is unrivalled in the choice it offers of types of institutions, academic and learning standards, entry requirements, degree programs, and subjects in which one can specialise. A wide range of tuition fees has made study in the United States the first choice for thousands of students
Student Loans: 60,000 Indian students coming to USA every year
There are more than 60,000 students going to USA every year from India and this number cannot be matched even by putting together the numbers go to the rest of the Countries for studies. India tops the list as far the number of students studying in US universities is concerned. The total number is about 66,800, the embassy official informed. China, which was the leading sending country for the past three years, increased by only six percent to 63,211. Over the past two years, the number of Indian students in the US has grown by almost 58 per cent, according to him.The official further said that last year India surpassed China as far as the total number of visas issued is concerned.
The Institute of International Education (IIE), in its annual report released noted nearly 75 per cent of Indian students come for graduate studies and only 25 per cent for undergraduate studies. About 30 per cent of Indian students coming to the United States are women. Recent strict visa regulations notwithstanding, the US continues to be the favourite destination for Indian students seeking to pursue higher education whether they are provided or denied a visa after getting admitted to a University.The hopes and aspirations of the students end there if they are denied a visa.
May-July is the time of the year when students around the world graduate, and after celebrating their much-earned successes, start working towards their dreams and ambitions. For many Indian students, the dream is to move to the US to study. This year, apart from the usual anxiety over preparing for education in a far-away land, prospective students are bracing themselves for protracted paperwork at American embassies. Contrary to popular myth, US universities have no qualms about attracting and admitting foreign students.The question is the cost of study and living in U.S and the visa. In fact, August happens to be the peak season for students applying to U.S.Universities.
"Education system is more coordinated in India up to the high school. However, things change in colleges, as emphasis is more on memorisation rather than practical applications. Despite good educational institutes, there is a lot of corruption; good students may not find the outlets they deserve if they lack resources and political push."
In contrast, American education system stresses the ability of students to work independently and to develop their own thinking. The end result is that students emerge from an international education not only with a thorough understanding of their subject but also with analytical abilities and problem-solving skills that are prized by employers in later life, say experts
High-end fields like artificial intelligence, networking, embedded systems, knowledge-based systems, and bio-informatics require very qualified professionals. In this context, there is a tremendous opportunity for specialists (not just programmers). If you have the right academic credentials and are interested in establishing a technically focused career in computing, you should consider doing a high quality/high-end Master’s programs. The two years that you spend doing such a program will add tremendous value to your resume.
Released by
Rajan P.T
Director,Corporate Communications
Ivy League Varsities
+91-9447206804
+91-476-2621388 / 2623188 /2620988
Fax:+91-476-2620988
http://www.ivyleaguevarsities.org
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Misspellings
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