Whenever there is a yo yo of inflation, the discussion shifts to the reasons for inflation. In my opinion one of the major contributors for today inflation is costly education. Higher education fees means higher pay needs-so higher salaries by companies-so more expenses to the company-so higher sales price of its goods & so rising inflation.
The first reaction to this would be… so what ? its simple business. Herein something is getting ignored. Most private institutions in this country are run by Politicians. The higher yield in fees doesn’t really end up in the good of the institution but for the personal undeclared needs of the politicians. There has to be some better mechanism to allot these private institutions.
Most of you will agree that 90 % of people manning these institutions as Trustees, Office Bearers etc, if made to write entrance exam for their own institution will not qualify.
But yes the fact remains that the govt schools are performing badly, because the teachers in these schools carry the comfort of non dismissal for performance and don’t both to deliver the worth they are paid for. I have seen something funny these years… for year long the teachers don’t do great for their schools by contributing to upgrading teaching. And when its summer time, they go and entice the students with offering them school uniforms and free travel etc for them to take admission in their govt school.
Some drastic attention is required. Otherwise whil