The cost for higher education is consistently rising in the recent times. However, the higher educational program in India has introduced a kid’s higher education system in India and overseas.
Fees paid for higher education in India and overseas costing is covered by the income tax Act. However, parents can make a claim to the payment deductions to education in India and overseas
However financing of higher education in India has become tough and more difficult. This is because of the rising costs of higher education. The costs of higher education in India are quite prohibitive with the costs increasing up to 80 % .The higher education course selection depends on the government’s selections. Additionally, Indian banks only lend small limited amounts.
Some children would want to study abroad to get a better life. However, most kids are not competent enough for the same. There is no point to get a loan and send a child who has average academic qualifications and record abroad for further higher education. This can end up as a financial or educational disaster. On the other hand, brilliant students who have interests to study abroad have difficulties in pursuing the same.
Past performance is an important foothold towards pursuing higher education in India and abroad. The whole issue cannot be broken down like an educational investment. The concerned persons may need to attain degrees abroad and earn lesser than their Indian counterpart but if they manage to get or apply successfully for investments and loans it is easier.
Indians education systems have developed unique responses towards the increased diversity in higher education percentages. These include the opportunity for student immigrants to attend higher institutions abroad; and global education initiative developed the government and designed to promote higher education in the region.