Education Costs Are Rising Faster Than Salaries: What It Means For Families
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edufund.in
This isn’t normal inflation. This is Education Inflation at its peak. Just 10 years ago, studying at an IIT for 4 years would cost around ₹6–8 lakhs. Today, the same education costs ₹18–20 lakhs. For IIMs, an MBA that once required ₹15 lakhs now needs ₹30–35 lakhs minimum. While income growth is uncertain, education costs are rising aggressively year after year. And the one goal parents can never compromise on is their children’s education. If a college education costs ₹18 lakhs today, in anothe
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