Came across this infographic in my email, worth sharing and something to mull over.
Interesting to note that the incremental costs of a higher capitation does not necessarily translate into commensurate incremental benefits. Is brand value in education at such a premium?
I remember when I was in IIM Indore, the fees were fairly low and I was happy to get into a first grade b-school at less than 4 lakhs INR. These days when I see the fees, I tell the MBA aspirants that forget a b-school degree, the opportunity cost would be too high. Shouldn’t this rising cost of higher education consolidate somewhere and correct its ever rising trend?
What do you think?