For Students in India, the American Dream Is Losing Its Appeal

Excerpted from Chronicle of Higher Education News Blog (click on above link to read full story)

In 2007-8 the number of Indian students going to American universities rose 12.8 percent, to 94,563, making India the largest source of foreign students in the United States.
But because of tightening credit markets and a global slowdown in economic growth, Indian students are also finding it harder to secure loans to study abroad, and many are less willing to take on huge amounts of debt.