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Is India Following Silicon Valley?

In the staple mythology of Silicon Valley, college dropout turned entrepreneur is very common and trend now-a-days, Indian students seems to be inspired by this fables are dropping from college more and more every year. Earlier today during Loksabha question hour, Human Resource Development Minister Smriti Irani informed “As many as 2,060 students dropped out from various Indian Institutes of Technology (IITs) from 2012-13 to 2014-15. During this three-year period, 2,352 students dropped out from the National Institutes of Technology (NITs). The reasons for dropouts may be attributed to shifting to other colleges/institutions, personal reasons, medical reasons, getting jobs during PG courses, inability to cope with academic stress etc.”

Though the government and college authorities says that there are various mechanisms for helping students to cope with stress it is evident that they are not sufficient. Nearly 6 out of 10 students who drop from college are due to high stress and lack of emotional support. This issue should be considered seriously and all available options should be explored thoroughly. Many students are unaware of the repercussions of dropping out and faculty counsellors is not going to cut it.

As fancy as it may seem to drop out of college and start a new company having a college degree has its perks. Here are some facts about college dropouts:

  • There are more than 34 million people over age 25 that never completed college
  • College dropouts are 71% more likely to be unemployed
  • College dropouts earn an average of 32% less than college grads
  • For Many Jobs, a Degree is a Pre-Requisite
  • Getting a promotion is very difficult if you don’t have a degree.

Considering this you can evaluate your options on whether to dropout or not. But if you are dropping out due to stress and lack of support Your D.O.S.T is always at your disposal, we are always happy to help.

What is your opinion? Is the increasing number of drop outs from college justified? Share your opinion with us.

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