business π€― IIT dream is cracking, degree value in question
A recent viral post highlighted that a 22-year-old dropout now earns nearly βΉ4.86 lakh monthly, challenging the perceived value of an IIT degree. This trend reflects broader issues in India's rapidly expanding higher education system, which sees 4.33 crore students enrolled in 2021-22. Employability varies greatly, with CS/IT graduates having 78-80% placement compared to polytechnic diploma holders at 32.9%. Even top institutes are showing instability, as 30-40% of registered students at various IITs remained unplaced recently. The job market now demands specific, applied skills, shifting away from generalist engineering degrees. π