The Indian rupee recently plunged to an all-time low of 85.09 against the US dollar on December 19, slipping further to 85.10 on December 20. This depreciation is likely to impact Indian students planning to study abroad, especially in the US, where expenses are paid in dollars.

A weaker rupee significantly raises the cost of tuition and living expenses in dollar-denominated countries, straining the financial plans of middle-class families.

For students depending on education loans, the depreciation increases loan amounts, thereby heightening the debt burden on their families.

Considering this, students might benefit from exploring countries like Germany, France, and Switzerland, where public universities provide subsidized education and lower tuition fees.