How can you pay donation of 60 lakh for cse seat

One of my team member said that he is paying ~2L per year as the fees for his child who's in 4th standard now, in Bengaluru. It's a CBSE school and is based out of Bengaluru. He pays additional for uniform, books, transport, etc. They also kind of want a well educated mom, but she shouldn't be working as there needs to be someone to take care of the children all the time. Although I studied in an private engineering college (but one of the best in the state), it costed only around ~2,50,000 for everything across 4 years (2021 grad) What the hell are they teaching over there? 💁🏻‍♂️ He also shared a few instances where parents are paying almost 6-10 lakhs for class 11 & 12 (coaching oriented). And then, of some who are paying ~25 Lakhs for B.Tech admission. I don't know where the world is going 🤯 I would like to understand the opinions of those who are reading this.

Money is everything? Isro pays 60k-95k to fresher engineers... Still IITians are not joining. Slogging for Western Mnc is the only desire of IITians? Comments and solutions?? https://www.businesstoday.in/latest/story/iitians-not-joining-isro-60-students-walked-out-of-recruitment-drive-after-seeing-pay-structure-s-somanath-401614-2023-10-11

Sorry Guys for the rant just wanted to vent out something I don't know what to do in the future. Feels like I am stuck. I am not from a tech background. I did my B tech in Mechanical Engineering and secured a job at Vedanta( In their shitty Steel Unit). It has been 3.5 years and I am stuck in the never ending toxic cycle. I work like a donkey but I never got.any recognition for my work. Thought of going for an MBA from a top college only. Tried CAT 3 times but couldn't secure a tier 1 college( Last time was getting some Baby IIMs but thought of giving one more try and now I am fucked). Neither any career growth nor any learning growth is happening. Tried for a switch but not able to grab any opportunity. Even my CTC is too low ( Approx 65k per month) and being a 26 year old guy, when I see people making multiple lakhs I feel sad and dejected. Should have gone for CS during undergrad If anyone has any suggestions, or some guidance please share. I can't even share this with my parents, they just brush it off. Again sorry for this rant.

What is wrong with these colleges, hearing this for the first time.

Talked to the son of my Dad's friend recently. Brilliant kid has a good GPA from IIIT-H + 2 research internships and 1 summer internship at good companies. He still can't find a "good" company to get into. (Side Note: "good" implies a high paying job relative to last couple of years) Apparently, most of his friends in other colleges are in the same boat. Massive pay correction has happened. The undergoing rationale is that companies hired Class of 2022 with no restraint because the demand was really strong during their placement season in 2021. This appears to be directly correlated with quantitative easing in the US and a low interest rate environment that was conducive to fundraising for several Series A+ startups. By the time Class of 2022 entered the market, everything changed and they felt some short term change. However, Class of 2023 is having a much tougher time. They are shoved into the job market in a time where demand is low and they are competing with kids who graduated last year. Ongoing consensus appears to be that a huge chunk of their batchmates are going to get their Masters abroad. Their hope is that by the time they graduate out of grad school, the economy will pick up and demand will be strong while they're poised to take advantage of that with bump up credentials. Unfortunately, this also implies that many of them will end up in the CPT-OPT-H1B-Green Card hell. This is really a tough spot to be in.

Is this happening because of all bhaiya and didi’s of youtube? IIT’s are not only for getting jobs.