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83% of Indian students believe foreign degree increases chances of getting a better job: Study

New Delhi: About 83 per cent of Indian students believe that earning a degree abroad will increase their chances of getting a better job. This was revealed in a study. ‘The Leap-Ipsos Strategy Study Abroad Outlook Report’ released on Tuesday states that 57 per cent of Indian middle-class households with incomes between Rs 3 lakh and Rs 10 lakh are inclined to spend on foreign education. . This report gives insight into how foreign education is gaining popularity among this largest segment of the Indian population.

Vaibhav Singh, Co-Founder, Leap said, “Due to the growing aspirations of the student community, the Indian overseas education market is expected to grow manifold and by 2025, more than two million Indian students will spend over $100 billion on their overseas education. will do. This is a huge opportunity and the sector will see a huge increase in demand for innovative products and services.

According to the report, 83 per cent students believe that pursuing a degree abroad will increase their chances of getting a better job. Due to global connectivity, destinations in countries whose first language is not English are open to 42 per cent of Indian students, the statement said.

“This shows that Indian students are expanding their choices and becoming flexible in their preferences for a foreign education destination,” it said.

The report states that candidates are showing more confidence in taking education loans. The report shows that over 62 per cent of Indians prefer education loans, while 53 per cent seek scholarships.

About 60 percent of the candidates included in the study were men while 39 percent were women. Two per cent did not want to mention their gender. Two-thirds of the candidates were in the age group of 18-24 years while about 34 per cent were in the age group of 25-30 years.

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