India’s education system is one of the largest in the world, encompassing millions of students across schools, colleges, and universities. While the country boasts top institutions such as the Indian Institutes of Technology and Indian Institutes of Management, these are exceptions in a landscape marked by deep inequalities and inefficiencies. A significant portion of the youth feels that academic education has become a commodified enterprise that lacks relevance and rigor. The phrase "academic education is a scam" is provocative but captures widespread frustration. Herein we delve into the reasons why such sentiments have surfaced, looking into various dimensions of the academic system in India, from admissions to outcomes, and the rising commercial nature of the education sector. Historical Context: From Reverence to Commercialization India has a long history of valuing education, from the ancient learning centers like Nalanda and Takshashila to the Gurukul system where ho...