Atanu Dey On India's Development

Intergenerational Transfer — An Example

A few days ago I wrote about an educational model involving intergenerational transfers. Now I came across this BBC story which is an example. Quote:

. . . CIDA City Campus – has become a remarkable success story, gaining blue-chip sponsors, a campus and a reputation for innovation. Five years later, it has taught 1,600 students.

Apart from only being available to poor students, who get a virtually free education, it is unique in what it expects from its intake.

Students have to help run and maintain the university buildings, and in their holidays they have to teach young people in their home villages – reaching hundreds of thousands.

When they graduate, they have to pay for the university costs of another student who will follow in their footsteps.