-Kunal K Vadera




Education in India :
Education in India has a history stretching back to the ancient urban centers of learning at Taxila and Nalanda.

India has made a huge progress in terms of increasing primary education attendance rate and expanding literacy to approximately two thirds of the population.

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 The private education market in India is estimated to be worth $40 billion in 2008 and will increase to $68 billion by 2012.  Despite growing investment in education, 35% of the population is illiterate and only 15% of the students reach high school.

 In recent years students with the highest scores choose for increasingly popular studies such as health, fashion, communications or hotel management.  The current generation have no problem with job hopping, even on the borders of their own disciplines

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Why does college cost so much?

 Tuition and fees keep rising.  Last years supreme court order, allowing private and unaided colleges to fix their own fee structures, May result in a threefold rise (In some cases, even higher) in engineering college fees.
 Lab fees are on the rise too.

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 CLASSES had been shifted to a new air-conditioned complex.

 There was also an increase of 30

percent in registration fee, Admission fee, Annual charges, Security and Monthly charges.  Books have become such an exorbitant expense Often approaching $1,000 a semester That some students share books or do without them.

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 In public colleges, State appropriations cover the majority of costs, With a smaller share of revenue coming from the student in the form of tuition. A small reduction in state support may result in a large increase in tuition.  An example helps to clarify this point, If a public college receives an average $5,000 per student in support from the state and each student pays $1,000 in tuition, A total of $6,000 is spent on the students education. However,if state support erodes by 10 percent, or $500,tuition must go up by 50 percent to compensate. Small cuts in state support may thus result in large relative increases in tuition.

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 State support of higher education often drops during recessions, Which either means wrenching cuts in higher education operations or painful increases in tuition. Most public colleges do both.

 As states cut taxes and support of other functions, Such as prisons

and Medicaid increase, It is inevitable that tuition must rise in public colleges and universities to compensate for lost revenues.

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 Increasing government regulations adds to college costs. Regardless of whether one thinks that a regulation is appropriate or not, It costs money to comply, Examples include:

 Maintaining access for handicapped students.

 Meeting environmental requirements.

 Screening international students.

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 Identifying students who have been convicted under federal or state law of sale or possession of illegal drugs to determine eligibility for student aid.

 Conforming with historical preservation requirements

 Reporting institutional graduation rates and crime rates to the federal government.

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Is Indian Education Becoming A Costly Affair And Unaffordable For General People?
 Tuition increases that have outpaced inflation and the median family income.  Our future labor market should be armed with graduates prepared for 21st-century careers, yet financial realities stand in the way for many young INDIANS.  The average college graduate is burdened with more than $20,000 in student loans.

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 Some parents, wanting their children to graduate loan-free, have taken to mortgaging their homes, thus jeopardizing their own retirement.  Many students work, sometimes multiple jobs, thereby losing much of the texture of the college experience.

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 While an average annual fee of Rs 15,000 was charged for a meritbased seat last year,this year, the amount may sky-rocket to Rs40,000 or above. This is subject approval by the newlyconstituted Educational Institutions Regulatory Authority (Eira).

 The Maharashtra Institute of Technology (MIT) could charge Rs50,000, while waving Rs20,000 for those from the economically backward classes.

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 Cummins College of Engineering for Women had

proposed a fee structure ranging from Rs 15,000 to Rs 40,000. Compared to most other engineering colleges,They charge fees commensurate with merit,Those seeking management quota seats and nonresident Indians will,however, have to pay $4,000.  The Vishwakarma Institute of Technology,had proposed Rs 42,000 for admission to 590 seats in any of the seven disciplines in engineering. Last year, the figure was about Rs 15,000.  At the Bharati Vidyapeeths College of Engineering, the admission fee is Rs 50,000 for merit-based seats. While private college justify the whopping hike on the ground of growing costs.

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Biblography:Google Search & Wikipedia Search:http://www.kanglaonline.com http://www.siliconindia.com http://www.expressindia.com http://www.redOrbit.com

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Thank you

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