I agree. In the US, every degree's price appears to have a "net present value" component. So if you go to medical school, be prepared to shell out $200 K, Law school $150 K, business school, $100 K, etc.
I think IIMs and IITs should have zero subsidies. But they should also leverage their brands to work with financing institutions and provide 100% aid for students to ensure only insufficient talent is a barrier to entry. Not having enough money should definitely not be a deterrent. And oh, being of a certain caste certainly should not.
