Tackling the 'high debt-useless degree' problem

By Pushkar. At the recent convocation ceremony of Shiv Nadar University, Reserve Bank of India Governor Raghuram Rajan spoke briefly about private universities, noting that good quality education was expensive and it was necessary to find ways “to make degrees affordable”. More importantly, he said: “We also should make sure that unscrupulous schools do not prey on uninformed students, leaving them with high debt and useless degrees.” Read more...