Indian Students Last Year Contributed 7.6 Billion Dollars To The US Economy

WASHINGTON: In the academic year 2019-20, Indian students added $7.6 billion to the US economy, despite a 4.4% decrease in Indian students, according to a survey. 

The number of Chinese students in this country increased for the 16th consecutive year. China remained the largest source of foreign students in the USA. In the 2019-20 years the study "Open Doors 2020" said that more than 372,000 Chinese students were in America. 

Indeed, despite a 4.4 percent decrease to 193,124 students, India remaining the second-largest source of international students. 

Accordingly, for the fifth consecutive year more than 1 million foreign students (1,075,496) were hosted by the United States State Department's Office for Education and Cultural Affairs (IIE) in an academic year (1.075,496).

This group still accounts for 5.5% of all higher education systems in the United States, despite a small decrease (1.8%) in the foreign students in the United States in the academic year 2019-20. 

International students contributed $44 billion, including $7.69 billion of Indian students, to the American economy in 2019, the US Department of Trade said. 

Marie Royce (Assistant Secretary of State for Education and Cultural Affairs) said: "We are encouraged to see more than a million foreign students in the United States before the pandemic for a five year period. 

"Global mobility for students today is more important than ever and we believe the U.S. is the best place for students to study and graduate. The road to a larger future is education and the power to turn student trajectories through international educational exchange," said Royce.

Students from Bangladesh (+ 7%), Brazil (+ 4%) and Nigeria (+ 3%) were amongst the top 20 places of birth. The highest percentage increases were. 

The largest (-17 percent) decrease in Saudi Arabia is due mainly to the changes in the scholarship programme of the government.