Latest Placement Classifieds,Free Classified Ads,Buy Sell Classified Ads Market Will the Weakening Rupee Ground Indian Students’ Dreams of Studying Abroad?

Will the Weakening Rupee Ground Indian Students’ Dreams of Studying Abroad?

December 31, 2024December 31, 2024| | 0 Comment| 11:02 am
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Studying abroad, especially in the US, is increasingly expensive due to rising tuition costs and the depreciating Indian Rupee (INR). Over the past five years, the USD/INR exchange rate has worsened, increasing education loan costs by 3-5% annually. The Union Budget 2024 also introduces a Tax Collection at Source (TCS) on foreign education expenses, adding to financial challenges.

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