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Education is not a business to earn a profit, the Supreme Court observed on Monday while upholding the Andhra Pradesh High Court order to strike down the State government's decision to hike the annual tuition fees for MBBS courses in private unaided medical colleges to ₹24 lakh.
Determination of fee or review of fee, the judges said, shall be within the parameters of the fixation rules and shall have direct nexus to:
- location of the professional Institution
- nature of
the professional course
- cost of available infrastructure
- expenditure on administration and maintenance
- reasonable surplus required for growth and development of the Institution
- revenue foregone on account of waiver of the fee, if any, in respect of reserved category students.
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