The education system in many parts of the world, including India, has increasingly become monetized. Here are some key points illustrating this trend:

1. Private Education: There has been a significant rise in private educational institutions, ranging from schools to universities. These institutions often charge high fees, making quality education accessible predominantly to those who can afford it.

2. Coaching Centers: The competitive nature of entrance exams for prestigious institutions has led to the proliferation of coaching centers. These centers charge substantial fees for preparatory courses, creating an additional financial burden on families.

3. International Schools and Universities: The demand for globally recognized education has fueled the growth of international schools and universities in India. These institutions charge premium fees, further contributing to the monetization of education.

4. EdTech Platforms: The rise of technology in education has seen the emergence of numerous EdTech platforms offering online courses, test preparation, and skill development programs. While these platforms provide flexibility and access to a wide range of resources, they often come with subscription fees or course costs.

5. Student Loans and Financial Aid: To afford higher education, many students resort to taking loans. While this enables access to education, it also places students under financial strain, impacting their long-term financial stability.

While monetization has led to the availability of diverse educational resources and improved infrastructure, it has also exacerbated educational inequality. Access to quality education remains uneven, with socio-economic status playing a significant role in determining educational opportunities. Addressing these disparities requires policies aimed at making education more affordable and accessible to all segments of society.