Indian students contributed $3bn to US economy

[thunderstorm369]

With the number of Indian students studying in the US going up 9.2% from 94,563 in 2007-2008 to cross 100,000 for the first time, the country has retained its position as the top place of origin for international students in the US. China remained in the second place, although there was a sharp 21% spike in students from China, going up from 81,127 last academic year to 98,235 this year. South Korea (69,000 to 75,000) was third.

This is the eighth consecutive year that India has remained in the top spot. In course of a preview of the forthcoming visit to Washington of Prime Minister Manmohan Singh next week, Indian officials said on Monday that Indian student inflow had contributed nearly $3 billion to the US economy last year. Overall, international students contribute

$17.8 billion to the US economy through their tuition and living expenses, according to the US department of commerce. Authors of the report said the findings did not reflect the full impact of the past year’s economic downturn since decisions to come to the US to study were made before the financial effects were fully felt in the sending countries. 

According to Open Doors 2009, there was also a significant 20% uptick in the number of American students studying in India, part of an overall growth in American students going abroad for academic purpose. The number of Americans studying in India rose from 2,627 in 2006-2007 to 3,146 in 2007-2008, making India the 17th in the list of countries for US students. The top five spots went to the UK, Italy, Spain, France and China, the last of which had more than 13,000 American students.

[Rapp-Chikk]

INDIA attracting 3,100 students and CHINA attraction 13,000 students.....nearly 4 times more

My Openion, the Country and City Infrastructure is the major cause..!! to which many foreigners are attracted.