According to the survey, 84% of students from Delhi, choose their prospectus in India itself. While remaining 16% students movie abroad for higher education.
The survey 'Youth Economics: Career Expectations Survey' undertaken by PHD Chamber of Commerce and Industry found that students are grappled with multiple challenges such as lack of financial resources for pursuing education vis-a-vis ever increased prices and lack of employment opportunities.
Survey reveals, 29% of students pursue higher education after completing their graduation / post-graduation studies.
Around 59% students seek jobs to become financially independent.
Private sector jobs edged over government jobs with excellent growth opportunities, fabulous remuneration packages and challenging roles compared to job security, privileges, stability and satisfaction at government jobs.
Other interesting facts about students:
- 73% students financially dependent on their parents.
- 19% students were dependent on scholarships or stipends.
- 8% students dependent of home based businesses.
- 16% students borrowed money to meet day-to-day expenses.
- 3% students curtailed expenditures in terms of feed, clothing, transportation and entertainment.
- 14% students opted for part-time jobs.
- 12% students used previous savings.
- 5% students said they felt no impact of inflation.