'WE ARE LIVING AS TENANTS'
Careers 360|August 2022
Most IITs have raised the fees for postgraduate and research programmes as well as hostel and mess charges leading to protests in IIT Bombay.
Sheena Sachdeva
'WE ARE LIVING AS TENANTS'

On July 19, a group of PhD students gathered near the main administrative block of Indian Institute of Technology (IIT) Bombay to protest against fee hike. For postgraduate and research programmes, the per semester fee for 2022-23 had risen sharply O anywhere from 53% to 170%, depending on the category.

"All we are asking is why the institution is pressuring students to bear the burden of the withdrawal of subsidy, leading to round 50% fee hike for masters and PhD scholars," said a PhD scholar and a member of the students' collective, Ambedkar Periyar Phule Study Circle (APPSC) IITB, asking not to be named. During the open house, it was informed that IIT Bombay was granted a loan of Rs. 1,000 crore by the Higher Education Finance Agency (HEFA). Students have sought details on how much IIT Bombay is yet to repay.

In 2017, the education ministry and Canara Bank set up HEFA, a non-banking finance company) to radically change how higher education institutions finance their expansion. Capital grants from the budget were replaced by infrastructure loans from HEFA; unlike grants, the principal amounts have to be repaid from the institution's own income. Since public educational institutions are not profitmaking companies, the HEFA loans have stretched their finances, even those of the IITs.

While IIT Bombay saw the maximum turmoil over fee-hike, including a hunger strike, the issue isn't limited to a single institution. Students from across the old and new IITs - Delhi, Guwahati, Mandi, Gandhinagar - have reported fee hikes in the 20%-50% range for new entrants and enrolled students from this year.

This story is from the August 2022 edition of Careers 360.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the August 2022 edition of Careers 360.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM CAREERS 360View All
A university dying a slow death
Careers 360

A university dying a slow death

Darjeeling Hills University has students but no permanent vice chancellor, teachers, administrators or a campus

time-read
4 mins  |
March 2024
What state universities are doing with their autonomy
Careers 360

What state universities are doing with their autonomy

Lucknow University is planning new courses, online and offline, but Madras University is grappling with funding problems

time-read
5 mins  |
March 2024
MIT Art, Design & Technology University
Careers 360

MIT Art, Design & Technology University

MIT Art, Design, and Technology University: We Dare to Dream and Care to Achieve it  | MIT Art, Design, and Technology University: Achieving Excellence Through Diversity for All Mankind | MIT Art, Design, and Technology University: A Community of Lifelong Learners, Responsible Global Citizens, and Champions of our Own Success | MIT Art, Design & Technology University: Successfully pioneering Holistic Development, Research, Innovation and Entrepreneurship

time-read
7 mins  |
March 2024
Fewer offers, slimmer packages
Careers 360

Fewer offers, slimmer packages

Like in engineering colleges, placements at top arts and commerce colleges are also facing a slump

time-read
5 mins  |
March 2024
The rot in research
Careers 360

The rot in research

Delayed fellowships, straitened resources, discrimination, exploitation, poor management Indian researchers have their backs against the wall

time-read
7 mins  |
March 2024
From maths to the wandering mind: What IKS centers are studying
Careers 360

From maths to the wandering mind: What IKS centers are studying

Over 50 IKS centres have come up across education institutions and non-profits to lead research on Indian Knowledge Systems. Here’s what they are studying

time-read
6 mins  |
March 2024
EMPOWERING DIVERSE MINDS ACROSS VARIED DISCIPLINES
Careers 360

EMPOWERING DIVERSE MINDS ACROSS VARIED DISCIPLINES

In the ever-evolving landscape of education, the paradigm has shifted from mere academic excellence to cultivating holistic development and innovation.

time-read
3 mins  |
March 2024
How 'Lady Kim Jong' is forcing Bengal's private teacher training colleges to fall in line
Careers 360

How 'Lady Kim Jong' is forcing Bengal's private teacher training colleges to fall in line

Embarrassed by a notification issued in Assam, the Baba Saheb Ambedkar Education University (BSAEU) cancelled affiliation of 253 private colleges for breaching regulations

time-read
5 mins  |
March 2024
ADIGHUNGHANAGIRI UNIVERSITY
Careers 360

ADIGHUNGHANAGIRI UNIVERSITY

Sri. Dr. Nirmalanandanatha Ginn turned the vision of Sri. Sri. Sri. Dr. Balagangadharanatha Mahaswamiji into a reality by establishing the Adichunchanagiri University for providing world class professional education to the rural population.

time-read
4 mins  |
March 2024
CUET: The other side
Careers 360

CUET: The other side

Delayed admissions, swathes of vacant seats and loss for local students what the CUET exam has meant for universities and why more are now pushing for alternative’ ways of admission

time-read
4 mins  |
March 2024