Education Costs Surge, Outpacing Inflation by 2x

In India, education costs are rising faster than general expenses. Over 50 years, inflation is 7%, but at BITS Pilani, fees rise by 15%. Overall, education inflation is 11-12%, twice the general rate. With income rising at 9% yearly, education costs could increase by 3-4% annually. This trend suggests future education expenses may become unmanageable for Gen Z's children.

Load More