No more doctors from middle class after 300% fee hike

Recent decision by government to make universities autonomous has started showing its impact.

Medical college in Dehradun has increased fee by more than 300% that means from around 7 lacks to now 27 lacks for first year. This will be applicable to existing students as well. Some time back IIM also increased their fee to around 22 lacks

Now the question is how many of middle class people have 50 lacks in their bank account to make their children future doctors. It seems like government is trying to create a business cycle where you as an individual will believe that your children are achieving but in reality you child will be bound to pay loans and interest throughout life.

If you still do not believe, download EMI calculator. Check how much time is required to pay a loan of 1 crore (that your child might have to return).

It is just the beginning because when whole education system will get privatized there will be more fee hikes and ultimately education will become unaffordable to middleclass. Poor people are already out of the scene.