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Education Loans for Studying Abroad: Trends, Challenges, and Options in 2025

Students have shifted from the public lenders to other lenders.

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Indian rupee depreciation is impacting the aspirations of Indian students who are planning to study abroad. Today, on April 23, 2025, 1 USD equals INR 85.17; however, on March 10, 2025, 1 USD equals INR 87.36. This slight fluctuation would affect the funds requirement by INR 3-4 Lakhs for many students. 

For instance, the average annual expenses for tuition fees, living costs, and travel are around USD 25,000 to USD 45,000 in the US. This amount translates from INR 21.5 Lakhs to INR 39 Lakhs. However, if this amount is calculated based on the INR 85.17, then the amount translates to approximately INR 21.2 Lakhs to INR 38.3 Lakhs. Therefore, a fluctuation of around INR 3- 5 Lakhs can be seen because of this surge, straining the already stretched budgets of students.

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