Tuesday, 02 January 2024 12:17 GMT

High ​Costs ​Push ​Students To ​Rethink US, UK ​Studies: Report


(MENAFN- Kashmir Observer) New Delhi ~ Rising tuition fees and higher proof-of-funds requirements in the traditional“big four” abroad study destinations - Canada, the US, the UK, and Australia - are forcing students to rethink their options, according to a new report.

The“2026 Trends Report: Building and Rebuilding Global Education” published by ApplyBoard, an international student mobility technology platform, highlights how international students are becoming increasingly strategic in their study-abroad choices, prioritising affordability, employability, and policy stability over prestige or tradition.

“Financial pressures and affordability are taking centre stage. Rising tuition fees and higher proof-of-funds requirements in traditional Big Four destinations are forcing students to rethink their options. Germany and Ireland are now widely viewed as some of the most affordable destinations, offering lower tuition fees and flexible post-study work windows,” the report said.

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“France and Spain are attracting record enrolments, supported by national housing initiatives and simplified student visa routes,” it added.

The report noted that policy tightening continues to disrupt the traditional flow of international students to English-speaking countries.

“In Canada, new study permit issuances are projected to fall by 54 per cent year-over-year in 2025, while post-graduation work permit issuances could decline by 30 per cent. Australia and the UK are maintaining stable volumes but face tempered demand amid stricter compliance standards and higher living costs,” it said.

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Kashmir Observer

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