It has long been emphasised how beneficial studying abroad is with phrases like “It will completely revolutionise your life!” and “You will return a different person.” However, the specific long-term benefits remained unclear. But these days, statistics on studying abroad may demonstrate the beneficial effects of these opportunities. In this blog, we have discussed all study abroad statistics.
Benefits of Studying Abroad
The following are statistics based on the benefits of studying abroad:
- According to a poll by The Institute for International Education of Students (IES), 95% of international students believe that going overseas to study aided in their personal development. In other words, you’ll likely return wiser and older. Having a stronger feeling of freedom. They said that it had a favourable influence on their perspective and helped them feel more confident.
- More than 90% of mobile students claimed to have developed their soft skills, such as understanding of other cultures, the capacity to engage and collaborate with others from various backgrounds, flexibility, fluency in a second language, and communication abilities.
- More than 85% of Erasmus students, an EU student exchange programme, travel overseas to better their chances of finding work there.
- Young individuals who study abroad have a 50% lower chance of experiencing long-term unemployment than those who do not. Five years after graduation, the unemployment rate for Erasmus students is 23% lower.
Global Trends for International Student Mobility
The following are statistics based on global trends for international students:
- An average of 10% more students worldwide are going overseas to school each year. In 2014, there were roughly 5 million foreign students. By 2025, the number of overseas students is expected to increase to 8 million due to demographic shifts, according to the Organization for Economic Co-operation and Development (OECD).
- Many traditional source countries are working hard to increase their appeal to international students. China welcomed close to 380,000 international students in 2014, but plans to enrol 500,000 more by 2020; Japan aims to enrol 300,000 foreign students by 2020; while Malaysia plans to enrol 250,000 international students by 2025.
- More than 30% of all international students who study the social sciences, business, or law do so in English-speaking nations. Together, the United States, the United Kingdom, and Australia are home to 36% of all international students globally.
Why is Studying Abroad Essential?
The following are statistics based on why studying abroad is important for students:
- According to a recent poll, the absence of foreign business-savvy individuals costs over 40% of U.S. corporations’ commercial chances abroad.
- Jobs are created and maintained in the United States thanks to international commerce. Over one in five employees in America are dependent on overseas commerce (38 million jobs in 2013).
- According to a British Chamber of Commerce poll conducted in 2013, 62% of non-exporting British businesses said that language barriers prevented them from seeking overseas business possibilities, while 70% of exporters lacked language proficiency in the nations where they operate.
If are you planning to study abroad and want to get into a high-ranked university, you’ll need more than just good grades; you’ll also need flawless application because the competition is fierce. You may enlist the assistance of Leverage Edu specialists to assist you with the application process so that you can realize your goals. Call us immediately at 1800 57 2000 for a free 30-minute counselling session.