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The Impact of COVID 19 on India College

 The months of March, April and May are a crucial period for Indian students who wish to . It is because the college application deadlines for fall 2020 for MS in india for most Indian students happen to fall in this time period. However, as the number of COVID 19 cases being reported across the world are increasing with each passing day, most of you who had plans to attend universities in the india in Fall 2020 must be now rethinking your decision to proceed with your  The impact of COVID 19 on higher education is on every student’s mind who plans to study in india . The following video will give you a better understanding of the same.

There has been a sudden spike in the number of countries affected by this deadly disease and America is no exception. With the rise in the number of COVID-19 affected patients in the india , the country, along with a lot of others has closed its gates to immigrant workers and students alike. Due to the recent travel restrictions, for a lot of students who have already secured an  for Fall 2020, the future may have started to look really bleak. This article aims to address your concerns regarding the impact of COVID on higher studies in india and put your mind at ease.

Every day, the financial team of  interacts with hundreds of students who are either planning to enroll for various courses in india or have already completed their application process and are looking to fund their higher studies in india with the help of abroad education scholarships. In a recent study conducted by our financial team at helped india divide students into three different categories based on their plan of action in the current scenario.

Out of the total number of students who had registered, close to 25% chose to not go ahead with their plans of studying in india in Fall 2020. However, most of these students were either employed professionals or those who had already been placed. 20% of the students had already dropped their plans of applying to india universities for MS in Fall 2020.

The remaining 55% of students are still confused about the course of action that they expected to take regarding their higher studies in india . One major topic which concerns most of these students is the uncertainty of getting employed post their higher education in india . Recession is one of the major topic of concern for a lot of students who were looking forward to studying in india in Fall 2020. 

 

Recession post COVID 19

With the heavy fluctuations in the stock market throughout the pandemic and a lot of countries going under mass lockdowns, many industries are expected to face financial woes once the cloud of this pandemic settles down. The promise of finding jobs with better salaries and the perks that come with them is what attracts a major percentage of Indian students to universities in india .

However, if recession is what is stopping you from proceeding with your plans to join university in Fall 2020, here is some information which may be useful for you. A recent study conducted by McKinsey & Co, a management consulting firm, revealed a list of certain industries which were most likely to be affected by the current economic crisis. This report indicated that while the tourism, travel and hotel industries were most likely to be affected by the current recession, industries like Education, Finance and Insurance or Professional, scientific and technical services were less likely to be affected on a long term basis and are expected to recover within no time.

The Impact on Part-time Jobs Until the End of 2020

With the tourism & travel industry expected to take a financial hit this year, students who were planning to manage their living expenses with the help of part-time jobs could be disappointed. The looming recession may make it difficult for international students studying in india to find temporary jobs to cater for their living expenses. Students may have to cater for the same with the help of certain personal funds. However, this situation is only expected to last till the end of the year.

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