The college shakeout is overdue, and important

The college shakeout is overdue, and important - The Times of India
India now produces more engineers and MBAs than the US and China combined. Our annual output of 15 lakh engineers and 3 lakh MBAs is way ahead of the US (1 lakh engineers and 1.25 lakh MBAs) and China (11 lakh engineers and 75,000 MBAs). This is not all dysfunctional; India's population is much larger than the US and China's lack of elections means it faces less political pressure for higher education expansion than we do. 

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