But can we blame the Private Colleges ???
Are we right in Doing so ?
We can’t blame the private colleges completely.
As a dental student you should be aware of all the inside things & read on this article with an open mind to realise the truth behind the truth.
Do you have an idea how much it costs to run a college for a single month.
Just have a look at the monthly expenditure of a private deemed college PER DEPARTMENT
Salary of all the staffs (From tutor to HOD) + Salary of All Non Doctor Staffs + Dental Materials for 30 days for each department + Electricity Bill + Maintenance + Many More.
(Unlike the Govt colleges for Private Colleges Govt. Doesn’t Supply Any Money)
Not only this, the moment a group starts to open a college there are so many rules, regulations and norms that are needed to be covered. And to get these approval a lot expenditure is done. Getting a land for the college is also so costly in the current scenario.
It does cost a fortune to run the colleges.
The truth as they say, is some times stranger than the fiction.
And today we will be decoding this truth.
It does cost a fortune to run the colleges. And colleges are never owned by a single person. Many rich people come together (some with intention to give back to society & some with the intention to invest the excess cash they have) & pool the money in the name of a trust , gather all the necessary approvals , lands & finally build a college.
After having invested so much of time & money (black or white) its now time for them to wait. And they wait for the college to be viable financially. It does take a lot of time & patience.
And finally in due course of time the college makes a name for itself and it becomes financially viable after the passing out of 2 to 3 batches. By then a steady source of admissions is guaranteed every year. Now it’s the time for all the investors to take their share of profit every year or month depending on how much each one has invested.
This whole cycle is a self sustaining ecosystem that not only provides opportunities to students to study further but also to all the investors with excess of cash to invest in a respectable cause (opening & managing a college does bring lot of respect and power) & also to earn more money in the end.
See Next Slide :
The real reason is too less Govt. Colleges & Govt Seats
