Stealth • 13d
IIT= 2k seats, top coaching institute in my friend's city had about 20 rankers in top 2k. Fees of over 2L per year, about 2000 students (give or take) gives a revenue of ~ 40 crore... Imagine running a business with hit rate of barely 1% and still people paying you for opportunity to be your customer (about 2k as entrance exam of coaching institute because why not?) Name a better industry to make bank even if you're a failure? What can be done to save countless souls from this hell hole and actually help them pursue what they really want? Who's the culprit? These parasitic coaching institute or the parents who force their kins to slog day and night in these factories?
Banking and lending.
I read the article and the problem was truly concerning , So I tried to find that out on internate so it may help us , Addressing these issues requires a multi-faceted approach involving educational reforms, regulatory measures, parental education, and a shift in societal attitudes towards success and education. It's essential to foster an environment where students can pursue their passions and talents without being constrained by rigid exam-oriented systems. This holistic approach can help save countless souls from the pressures and pitfalls of the current coaching industry and enable them to pursue paths that align with their true aspirations
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