It's also fucked up because a vast majority of the people who come via this route are rich kids with parents ready to back them up with cash if shit hits the fan. Lower middle class/lower class students usually don't even dream about taking a 4 million rupee loan, because they realize how fucked they would be if something goes wrong. No wonder what this kind of a sampling bias will do to the average quality of people coming in. It used to be different when a vast majority of students used to come on scholarships, but there are plenty of colleges now who run the MS program like a cash cow.