WASHINGTON, D.C. - Foreign students from India, China and South Korea are the major contributors to the US economy earning $21.8 billion in tuition fees and $12.8 billion in living costs from them. Over the period of 2008 to 2012, foreign students from India, China and South Korea contributed $21.8 billion in tuition fees and $12.8 billion in living costs to 118 metro areas of the US that are home to at least 1,500 students each,
the prestigious Brookings Institute said in a report released on Aug 29. Students Mumbai and Hyderabad made a contribution of over $1.25 billion to the American economy with Mumbai sending 17,294 students, Chennai 9,141, Bangalore 8,835 and New Delhi 8,728 to the US during the five-year period, the report said. Among the foreign students in the STEM (science, technology, engineering and math) category, 31 per cent are from China, 27 per cent from India and five per cent from South Korea.
The American think-tank noted that Hyderabad is the top source city of foreign STEM students in the United States and India accounts for eight of the 10 origin cities with the highest shares of their F-1 (student visa) students in STEM fields.
The American think-tank noted that Hyderabad is the top source city of foreign STEM students in the United States and India accounts for eight of the 10 origin cities with the highest shares of their F-1 (student visa) students in STEM fields.
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