India’s overseas education sector is facing significant shifts as the number of students seeking foreign education drops. GyanDhan’s recent report shows a 22% decline in loan applications, with even steeper decreases in certain states. Factors such as job market challenges abroad and stricter visa regulations are contributing to this trend. Despite current challenges, increased interest in alternative study destinations and a growing affluent middle class suggest potential for future recovery and growth.
Decline in Indian Overseas Education Trends: Factors Behind the Shift and Future Outlook
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