B-schools hike fees during recession

My indignant salute to all the IIM's in the country for their decision to hike the fees to double every year when the world has been badly hit by economic slowdown.Deans of most of these institutes say they had to increase the fee to double per year to implement their infrastructure activities and to introduce new programs.

Too much work and academic trouble during recession to the people for the people and by the people.I really hope our country produces better managers and entrepreneurs and benefit by the programs introduced during the recession.How come other renowned B-shools like Wharton and Harward who have produced top-notch business tycoon over years arent too keen on any new programs during this time.Its is yet another example of greed in subtlety veiling itself in the name of new courses.It indivial perseverance and purposefulness that makes one do things.You dont have to pay a high fee to realize that!