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Indian families to spend $91B on overseas education by 2030

India

Indian families are set to spend $91 billion on sending their kids abroad for studies by 2030—almost double what they're spending in 2024.
With over 2.5 million Indian students expected to be studying overseas, India is quickly becoming one of the biggest sources of international students.

Students looking beyond US, UK, Canada, Australia

Right now, Indians account for about a third of all international students in places like the US, UK, Canada, and Australia.
Countries such as Germany, Ireland, UAE, and Singapore are also getting more popular thanks to better affordability and work options after graduation.

Traditional banks charge hidden fees for international money transfers

Sending money abroad isn't cheap—traditional banks often tack on hidden fees and exchange markups.
In 2024 alone, these extra charges cost Indian families an estimated $200 million.

Why students are rethinking their study abroad plans

With these avoidable fees adding up, many families are looking for faster and cheaper ways to cover overseas expenses.
Plus, tougher visa rules in old favorite countries mean more students are exploring new destinations—and rethinking how they manage their money for education abroad.