Recipe for Disaster: Defective & Failure Business Model of Private Self-Financed Education Institutes

Recipe for Disaster: Defective & Failure Business Model of Private Self-Financed Education InstitutesOnce popular Model is Collapsing Hampering Quality of Higher Education Total 61% colleges in India are self financed Controlling 80% of Professional Education of India It's question of career of 15 million students of India Urgent need to strengthen capability of revenue generation Non Functioning, Not Sustainable & Failure Business Model Urgent need to address the problems of self financed institutesDon't blame BOG, it's a fault of "Self Financed

Once popular Model is Collapsing Hampering Quality of Higher Education Total 61% colleges in India are self-financed Controlling 80% of Professional Education of India It's question of career of 15 million students of India Urgent need to strengthen capability of revenue generation Non-Functioning, Not Sustainable & Failure Business Model Urgent need to address the problems of self-financed institutesDon't blame BOG, it's a fault of "Self-Financed Business Model" Don't over focus the Government and Government Aided institutes Need separate National Education Policies for School & Higher Education Model Provides wide scope for corrupt practices and financial irregularities Total Failure of Government machinery to control over expansion of institutes Clash of "Not-For-Profit Clause" & "Faulty Model" gave birth to several problems Case of multiple infections & need differential diagnosis approach to find cureMore complex problem than "Nationalization of Banks" or "GST Bill" Total Failure of Government to introduce mandatory accreditation Can't address issues without political will The current policy reform directions are seriously limited the government's political approach of using control and bureaucracy as a way of assuring quality rather than using transparency for empowering students and fostering competition.