Unbelievable! What Indian students spend in the US, will bring tears to your eyes!

A big surprise has just been revealed! United States is earning about Rs 80,000 crore from Indian students! What will really make your eyes well up with tears is that the amount is double the fund the Central government has earmarked for IITs, NIITs, IIMs, Central universities along with other institutes in its annual budget. The money being spent by Indian students annually for studying in US is double the budget amount. Notably, this year, country's annual budget for higher education is Rs 35,000 crore!
 
According to the US government's Open Doors Report on the International Educational Exchange, this year 1,96,271 Indians students are studying in the United States. The report says that an increase of 5.4 per cent has been witnessed over the last year, adding that this marks the fifth consecutive year that the total number of Indians pursuing their higher education in the USA has grown, said a report in Hindustan newspaper.
 
Of this number, 66 per cent or two-third are reportedly getting education at the private higher institutions and are living at places like New York, California and Massachusetts. 
 
The US is known for charging higher fee from foreign students. The Times Higher Education, which releases the ranking of higher educational institutions of the world, stated that the tuition fee charged by American higher educational institutes is between Rs 3 lakh to Rs 35 lakh, while average fee is Rs 23.5 lakh, even as the annual expenditure on education comes around Rs 7.61 lakh.
 
According an estimate, for any student education expenditure is almost Rs 42 lakh annually. If we take the number of 1,96,271 Indians students studying in the United States, it comes around Rs 85,010 crore.
 
The report stated that more than 90 per cent students come to the US to study subjects like Computer Science, Mathematics, Management, Science and medical which has more fee than other subjects. 
 
If we spare a few thousand students who went to the US on scholarship, then this year Indian students studying in the US are spending over Rs 80,000 crore, the report added.
 
Notably, Indian students form nearly 18 per cent of all international students in the USA, sitting next only to China. India provided the second highest amount of graduate students and fourth-most undergraduates.