The world is facing the problem of inflation, recession and solidarity. Almost everything has become expensive and the value of currencies has fallen down immensely. One of the major causes of this world wide inflation is Russia's invasion of Ukraine. Even the largest economies in the world such as the USA, the UK and Russia are also facing this problem.
One of the best ways to protect yourself from this recession if you want to study abroad is taking a loan in the currency of the country that you want to study.
This will minimize the effect of inflation on your study abroad as much as possible. There are a lot of money lending institutions in the US and Canada that are providing international students with such facilities.
They are not very rampant right now and chances are high that many of these will emerge soon in other famous study abroad destinations as well. Also drive to study in the countries and universities which offer higher return on investment.Only invest in foreign education if you feel that you will be able to earn back the money within a span of a couple of years.
