With rupee at 80, how to tackle cost of studying and travelling abroad

Education consultants advise parents to prepare for at least 2% annual increase in costs for children abroad

With the rupee depreciating around 7 per cent against the US dollar year-to-date, those planning to travel abroad, or sending their children to study in foreign colleges, will have to shell out more.

Costs are up

International tour costs are up by as much as 50 per cent compared to 2019 or pre-pandemic levels (see table) on the back of pent-up demand, increase in airfares and on-ground charges.

Compared to prices six months ago, tour costs and air fares have become dearer due to strong demand and sharp surge in the price of crude oil, which in turn has pushed