Posted inEducation
How do bad educational institutions manage to survive?
I was discussing with a friend about the quality of education and educational institutions. So my friend pointed to an educational institution that isn't of good quality (no good teachers, no good placement record), but was getting good number of students. They had hiked their fees by around 40%, yet the demand hasn't come down. So I provided a hypothesis: "It's all about demand and supply. The government has been rather negligent and not starting / expanding the government educational…