Avoid travelling outside India for higher studies

Indians have always held education as an important milestone in every person’s career journey. Studying abroad falls under the same category. After the two-year lull of the pandemic, studying outside India has started to gain importance across the country.

This trend has emerged significantly in tier two and three cities. However, the lakhs of students who are planning to fly abroad for a bachelor’s or master’s degree in 2023 might face several unforeseeable difficulties in their journey.

We bring to you some important, and dangerous, predictions and possibilities for studying outside India in the year 2023.

1. The Inflation and the Recession

The trends of 2023 primarily depict the looming possibility of COVID-19, which has begun to re-emerge in China. This shadow of the virus that troubled our world is bound to impact the rising trends of studying abroad in India.

Apart from the possibility of disease, there is a visible threat of war in Europe and Russia. This developing war has driven up energy prices across all the popular study-abroad destinations for Indian students, particularly the United Kingdom.

To add to this, inflation in India does not talk about slowing down. Rising prices in the home country, as well as the destination nation, will make it financially difficult for students to consider studying abroad. Studying abroad for Indian students will now mean bigger loans and more scholarship requests in 2023.

For the developed destination countries like USA and UK, a long-term recession is bound to set in by the end of the year 2023. This means that even if students shift to these countries for education, job opportunities will start to dry up. Indian students always wish to spend their time outside the country as a chance to earn more money than in India, but the recession will prevent that from happening, too.

2. Hostile Conditions

In an international nation, setting up a home and a lifestyle is much more difficult than learning a new language and studying a degree-level course. Indian students are used to Indian products for all their daily processes. This includes food, hygiene, travel, clothing, cleaning, and so on – which are difficult to avail outside the country.

In countries like USA and UK, these problems are topped with the impending game of chance – visa approvals. Even with college admissions and tickets in place, Indian students have seen increasing resistance to receiving visas for these countries.

Even when the student visa is in place, it does not tend to last for long after the course. Thus, students have to rush around in search of a job to remain in the country of their dreams. While we discuss these compounding problems, there remains competition, too, expanding with multifold leaps.

3. The UK Housing Crisis

Today, the United Kingdom is facing a student housing crisis. Due to increased intake, the UK has hit its 600,000 international students target almost 10 years ahead of time. As a result, student housing options have become over-booked.

To study outside India, the UK has always been an inviting and fulfilling destination. Student housing is usually more than half of an international student’s education expenditure. Thus, the housing crisis in the UK will be a major hindrance to studying aboard in 2023.

The StuRents accommodation portal of the UK handles over 70% of student beds in the country. They say that there is a shortage of over 207,000 beds for this year. For over 19 cities across the United Kingdom, there is more than a 10% of undersupply of student beds. This ranges from 10% in Birmingham & Swansea, 25% shortage in Bristol, and almost 28% shortage in Preston.

Thus, students and professionals looking to step into the UK for higher studies will become a part of this rat race. And the largest disadvantage of this constant effort is that it will not be helping you secure a good college. It will just get you a place to stay, so you to be able to attend college.

4. Big Companies and their Small Teams

Studying abroad in India has become a trend. It is not due to educational quality or as a chance to explore new opportunities and places. For Indian students pursuing an international degree, placement in MNCs and large firms is as important as getting into a good college. 

However, many international companies across the world have begun to lay off large percentages of their workforce. This is due to the upcoming recession. We can also notice that this trend seems to be biased against international employees.

Firms like Twitter, Microsoft, and Google, among others, are a part of this trend as well. These firms are usually every Indian’s top targets for a job. It has been calculated that over 503 tech companies have laid off over 139,165 employees within the first quarter of 2023.

Keeping these statistics in mind, does it seem like fair play to spend lakhs of rupees on a degree that may not fetch you a job? With a poor lifestyle, the possibility of a housing crisis, and a reduced guarantee of placement, studying abroad for Indian students does not seem a good option for 2023.

Conclusion – Why avoid travelling outside India for Higher Studies?

Indian Studing Abroad for Higher Studies

Studying abroad for Indian students has always been a matter of ROI. This is the amount of return that will be possible on the investment that the student and their parents make towards their education.

Sending a child away from home for many years is only feasible for Indian families if there is a chance of great progress and success. Considering the ideas in this article, take a look at how advantageous an international degree will be for you.

With reduced opportunities for working, living, and earning, an international degree will become comparable to any Indian university degree course. Thus, you must make this decision with care. Research the possible futures of your dream country, before taking the final leap.