As India’s booming youth population outpaces the growth of its education system, historic numbers of students are turning abroad for higher education
Pranay Karkale is spending years of savings and $60,000 in student loans to pursue a master’s degree in the United States, yet he considers himself lucky. At home in India, it’s common to hear about families selling off their land to send children to universities overseas. Karkale was willing to do whatever it took once he got into Johns Hopkins University. A degree from a prestigious U.S. college, he believed, would open doors to a better job and higher pay than he would find in India.
At Hopkins, he’s gaining professional work experience arranged by the school, a rarity at Indian universities, he said. Ultimately he wants to return to India, but the most appealing jobs are elsewhere. After graduating, he plans to work in the U.S. for at least a year or two. If he could find the right job in India, he added, “I would hop right back.” The surge has helped the bottom line of American colleges, which charge international students higher tuition rates.
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