“…In the early 1960s, public funding and philanthropic contributions were a major part of the resource for higher education in India, and the contribution from private sources in terms of tuition fees and other payments from students was negligible (Tilak, 1983). However, with the implementation of the New Economic Policy of 1991, broadly known as the Structural Adjustment Programme (SAP), the trend shifted towards private funding of higher education (Chakrabarti & Joglekar, 2006;Chattopadhyay, 2007Chattopadhyay, , 2019Panchamukhi, 1990;Panigrahi, 2019;Varghese, 2013). In the post-1990s, major policy think tanks (including the World Bank) recommended the supplementation of public higher education revenues by non-governmental sources, primarily from the users, that is, students (Johnstone, 1993(Johnstone, , 2003Johnstone et al, 1998;Woodhall, 1992;World Bank, 1994;Ziderman & Albrecht, 1995).…”