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8/4/2019 Collage Fee

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-Kunal K Vadera


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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 twothirds of the population.

I N C R E A S I N G I N P R I C E O F C O L L E G E F E E


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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 thehighest scores choose for

increasingly popular studies such

as health, fashion, communications

or hotel management.

The current generation have noproblem 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 eachstudent 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 determineeligibility for student aid.

Conforming with historical preservationrequirements

Reporting institutional graduation rates andcrime rates to the federal government.


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Is Indian Education Becoming A

Costly Affair And Unaf fordable For

General People?

Tuition increases that have outpaced inflation

and the median family income.

Our future labor market should be armed withgraduates 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 ownretirement.

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 newly-

constituted 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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CumminsCollege ofEngineering forWomen had

proposed a fee structure ranging from Rs 15,000 to

Rs 40,000. Compared to most other engineeringcolleges,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,hadproposed 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

E

ngineering,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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