IIM fees are not at all justified. I fail to understand how come such a big mgmt institute do not get the very first thing.....If you are going to charge so much...This guy will not work for country...He has work in some MNC to pay back loan.
There are few students who like work for country or for NGO or start there own business. All this require this person should not be in debt the day he is out of college.
I feel if a IIM Student do attend campus or accept any campus offer and work for country OR start his own business. Then his loan must be made void.... His education must be free.
IIMs thus eludes the basic purpose of there existence.