‘99% of private colleges are a scam’: Finfluencer slams rising fees, falling placements

India’s private colleges are sharply criticized, as the placement rates collapse and payments continue to rise. According to the wisdom of HALP, the average of the average placement in private colleges in private colleges on 2023-24 was only 20-40%, raising serious issues about the value of private education.

Shrivastavavavavavavavavavavavaga is believed to have 99% of private colleges in India deceit. ” Despite the results of the placement, he said that these institutions continue to advertise the exaggerated “CTC” packages, increase their fees and push students to deeper debt.

“They create an ecosystem. Most teachers don’t know how to teach, most of the students don’t even want to attend college, “but the management keeps money,” he said. As the world economy moves to the compensation of skills-based results, Schrivastavavavan warned that this traditional college model “has no place.”

His criticism comes when the value of education in India has sharply increased. From 1980 to 2020, the average study, accommodation and other postgraduate expenses increased by 169%, according to the National Survey Survey office.

The final training fees increased by 5.8%, and the postgraduate course fees increased by 13.19%, and the same period during the same period increased by 30.7%.

Similar states of Maharashtra and Carnatakia have seen even more drastic campaigns, private engineering and professional fees, which increase 60-70% in the last decade. In 2010, a private engineering degree worth 1 lakh was worth 3 lakhs per year, reflecting 200% jump.

Premium institutions have also seen a sharp increase. IITS 2016 doubled their annual B.Tech fees up to 2 lakhs, and full B.Tech is currently worth 8-10 lakhs. The IIMS MBA costs 20-25 Lakh, and the annual postmations of the university of Ashok have risen from 8 to 12.28 to 12 to 12.28 in 2018.

Families grow financial strain by 11-12% of education for 11-12% annually. They stretch their resources or are debt, the degree that offers decreasing income more and more.