Reimagining India’s universities: Lifelong learning as the blueprint for financial revival
In the last ten years, a lot of official reports have shown that most of India’s public institutions are in serious financial trouble. It is hardly surprising that official support from the State is falling down. While figures alone may tell a narrative, the fact is that the rising expense of running public institutions in a low or no-fee model is putting a lot of stress on university resources. The growing cost of salaries and pensions is also a problem. In fact, Indian State universities are at a crossroads when it comes to their goals and how they make money. But can people who are good at planning see this as a chance?
Everyone needs to keep learning all the time these days, not only students who want to receive a degree. There are many ways to get people involved in the community and bring in important sources of income, such as alumni who want to learn new skills, stay-at-home moms who want part-time job, and local communities that want to grow in meaningful ways.
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