Thread: India Education Report Card on Higher Education (2014-2023):
The source of Data is from the UGC, AISHE and RBI Reports. I tried to take the latest data, where available from UGC
The source of Data is from the UGC, AISHE and RBI Reports. I tried to take the latest data, where available from UGC
1. Excluding INI’s our universities grew 68% in 8 years from 655 in 2014 to 1100 in 2022. Most INI’s like IITs, IIMs, IISER etc. were existing stand alone institutions now getting a degree granting status. Deemed Universities, did not grow much.
2. The real story begins here.
State Public Universities grew from 318 in 2014 to 482 today.
However, State Private Universities grew three-fold from 154 to 477 universities in just 8 years.
For the first time, India has as many private universities as public universities.
State Public Universities grew from 318 in 2014 to 482 today.
However, State Private Universities grew three-fold from 154 to 477 universities in just 8 years.
For the first time, India has as many private universities as public universities.
3. The other big change happened in the growth of colleges. Most of these are private colleges but affiliated to a state public university. The total colleges grew 42% from 29930 in 2014 to 42825 in 2022 (excluding standalone institutions)
4. Private colleges grew 52% from 22100 in 2014 to 33632 in 2022 while Govt colleges increased from 7230 in 2014 to 9193 in 2022.
Govt added just 1963 colleges, Private players added 11532. Private players added 6X to what govt added.
79% of Indian colleges are now private
Govt added just 1963 colleges, Private players added 11532. Private players added 6X to what govt added.
79% of Indian colleges are now private
5. The total enrolments saw a healthy 20% increase from 360 lacs in 2013 to 433 lacs in 2022. This outpaced the population growth of 15%. In a positive development, gender diversity improved from 54:46 in favor of males in 2014 to 52:48 in 2022.
6. The fees charged increased too. IIM fees increased from 2.4 lacs in 2009 to 30 lacs today. IIT fees increased 125% in 8 years from 3.6 lacs in 2014 to 8 lacs in 2022 while NITs held it. State run colleges did not resort to blatant fees increases as central institutions did.
7. The increased fees led to increased education loans.
Total Education loans from PSBs were 60,017 crores in 2014.
As of 2023, the total education loans by PSBs and NBFCs are 122,199 crores.
In 8 years, our education loans doubled.
Total Education loans from PSBs were 60,017 crores in 2014.
As of 2023, the total education loans by PSBs and NBFCs are 122,199 crores.
In 8 years, our education loans doubled.
So, in higher education report card for the last decade, for the first time we have as many private universities as public Univ., 79% colleges are private, fees doubled and education loans doubled with a debt trap and NPAs looming large.
Demographic Dividend, anyone?
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Demographic Dividend, anyone?
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