Study Abroad Dream Vs Financial Freedom: Is Rs 50 Lakh Worth Spending?
Last Update Date: 05-10-2026
Published by Outlook Money
Abhishek Kumar's role: Quoted
Abhishek Kumar said a postgraduate degree should not be judged only by opportunity cost or the first few years' pay. He described upskilling as a long-term investment whose value lies in career durability and the ability to adapt over a lifetime.
More of Abhishek's views on money management
Prompted by a social media post about a family that spent nearly ₹50 lakh on a son's master's degree in Canada, the article weighs the cost of studying abroad. It covers the opportunity cost of using up savings, the gap between a higher foreign salary and actual savings after living costs, and other factors that shape an overseas degree's value.
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Study Abroad Dream Vs Financial Freedom: Is Rs 50 Lakh Worth Spending?