India's overseas education landscape is experiencing notable shifts, with a recent GyanDhan report indicating a 22% decline in education loan applications between March and May 2024 compared to the same period last year. State-Specific Declines: Telangana: 30% decrease Gujarat: 35% decrease Punjab & Chandigarh: 28% decrease Maharashtra: 13% decrease Kerala: 12.39% decrease Contributing Factors: Job Market Challenges: Indian students in the U.S. face difficulties securing employment post-graduation. Stricter Visa Regulations: Canada: Caps on international student admissions. Australia: Stricter visa evaluations and increased fees. UK: Consideration of restricting student entries. Future Outlook: Despite current challenges, there's potential for recovery due to: Interest in Alternative Study Destinations: Students exploring new countries for education.
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