Episode Details

Seventeen foreign universities have set up campuses in India in two years. Most can't fill their seats. And a Rs 1,000 crore scholarship push launched last month is the most visible sign yet that something isn't working.

The pitch is this: a western degree without the visa hassle, at Rs 15 to 25 lakh a year, which is roughly what Ashoka and Plaksha charge, but without the research environment or the actual campus. Students who wanted to leave India aren't particularly interested in a single-floor setup in a Gift City corporate building.

So why are so many foreign universities suddenly this desperate for Indian students?

Tune in to find out.

*Correction: The host mentions that Emeritus is the parent company of Eruditus. Eruditus is the company that has partnered with seven schools for a revenue-sharing model, not Emeritus. Emeritus is a brand under Eruditus.

*Clarification: The profit Eruditus posted of $400 million is independent of its partnerships with the universities. Classes under this partnership are yet to start and has made no revenue yet.

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