Indian Students going to study in abroad is obviously increasing rapidly. The cost of education and cost of living is effecting student pockets. money depreciation is the major problem for the aspiring students who wants to go and study in abroad.

From the India’s freedom, the rupee has fallen down by nearly 20 times. Indian currency has witnessed lots of fluctuations from the time of the independence, this has continuous impact on the foreign exchange and for the people who plans to study in abroad. In the recent years Indian rupee has a clear downfall against US dollar. This depreciation of rupee is clearly effecting the students who are planning to study in abroad.

Impact of Depreciation:
Financial experts say that even a slight change of numbers can effect whole annual fees of the students and even living expenses. Students who are planning and budgeting their finances are being in trouble after going to abroad.

People who are planning for studying in abroad mainly few things they have to analysis and plan accordingly. The main important thing to know is money depreciation is a hidden inflation for the Indian students who are aspiring to go and study in abroad. This slight increase in the rupee can effect the tuition fees, education fees and also living cost gets increased.

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This increase will not just effect your education an tuition fees, but also groceries, travel and accommodation gets costly. Students can only just analysis what is the present money value in the US market but the future is unpredictable, because of this fluctuations the students who are staying in the abroad face many challenges.

Most of the students tend to take loans even after going to abroad and this will effect their cost of living. Rupee depreciation will lead to taking higher debts and unfortunately people who couldn’t pay back will be facing lots of issues.

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