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‘students from india are a huge boon to US economy’

Foreign students from India, China and South Korea are the major contributors to the US economy with the host country 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 Friday.

Students from the Indian cities of 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.
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