When I was studying in 12 Th we were giving IIT & other Entrance exam but not IIM entrance exam. Reason was that that time IIM fee was Rs.75000/- & our parents%u2019 can%u2019t afford it. Tell me how middle class can afford it. It very easy to say that Bank is giving loan. Yes Banks are giving loan against properties only. India became number one in software because education cost was very less compare to USA.Today government is getting retunes in term of remittance of subsidies. Now we are doing same mistake what USA has done.