Breaking the 'Millionaire Myth': Affordable Pathways to Study Abroad
You don’t need crores to study abroad: Study advisor’s ‘Millionaire Myth’ TED Talk goes viral
The Economic TimesImage: The Economic Times
A viral TEDx talk by study advisor Asslam Shaikh challenges the notion that studying abroad is only for the wealthy. He emphasizes that awareness, planning, and strategy are key hurdles for middle-class students, showcasing affordable options and success stories that make global education accessible.
- 01The belief that studying abroad is only for the wealthy is a misconception.
- 02Many universities offer scholarships for students with average academic scores.
- 03Countries like Germany and Hungary provide low-cost education options.
- 04Working part-time while studying can help offset living expenses.
- 05Awareness and mindset are crucial for students considering international education.
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In a viral TEDx talk titled “You Don’t Need to Be Rich to Study Abroad,” Asslam Shaikh, a study advisor, debunks the 'Millionaire Myth' that studying overseas is only for the affluent. He argues that the main barriers for middle-class students are not financial but stem from a lack of awareness and strategic planning. Shaikh highlights real success stories, such as Akshay from Mumbai, who overcame financial constraints to secure an MBA in Ireland on a budget of ₹10 lakh (roughly $12,000 USD). He emphasizes that many universities offer scholarships even to students with scores between 70-80%, significantly reducing tuition fees. Additionally, countries like Germany and Hungary provide affordable education options, with some public universities charging minimal fees. Shaikh also points out that students can work part-time in countries like Ireland and the UK to help manage living costs. He believes that a shift in mindset is essential, encouraging students to explore international education as a realistic goal rather than an unattainable dream. By sharing his own journey and insights, Shaikh inspires students to access the right information and take proactive steps toward studying abroad.
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This talk empowers students from middle-class backgrounds to consider studying abroad as a viable option, potentially transforming their educational and career prospects.
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