Deflation

It has been agreed by those who disagreed if the world economy is heading a gloomy future. However, it remains to be seen, until, anyone knows for sure, what is it really going to be like. Talking about the economy, I have to wonder, if deflation will happen. The norm of the people are so accustomed towards inflation. But, what if the opposite happens? How will it affect parents, whose genuine wish is to have the children study abroad. Will there be any future for their childen, or they will be affected by the wait and see attitude of the economy, and therefore, a brake for further education. I shudder thinking of it..