Education

Indian students contributed $7.6 billion to US economy last year

PTI Washington | Updated on November 17, 2020 Published on November 17, 2020

China remained the largest source of international students in the US, with the number of Chinese students in the country increasing for the 16th consecutive year

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 increasing for the 16th consecutive year. There were over 372,000 Chinese students during 2019-20 year, said the report “Opens Doors 2020.”

Also read: About 200,000 Indian students chose the US for higher studies in 2019-20: Open Doors Report

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

Over a million international students

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.

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

Also read: US varsities see a steep drop in international students due to pandemic

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.

Growing numbers

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 (7 percent), Brazil (4 percent) and Nigeria (3 percent).

Saudi Arabia saw the largest percentage decrease (-17 percent) primarily due to changes in its government’s scholarship programme.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on November 17, 2020
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.