Indian students contributed $7.6 bn to US economy last year - News Summed Up

Indian students contributed $7.6 bn to US economy last year


Indian students contributed $7.6 billion to the US economy in the academic year 2019-20, even though there was a 4.4% 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. India remained the second largest source of international students, despite a 4.4% decline to 193,124 students, it said. 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. Education is a pathway to a greater future and international educational exchange has the power to transform students’ trajectories," Royce said.


Source: Mint November 17, 2020 03:33 UTC



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