Affordability Challenges In Higher Education: A Study On The Increasing Cost Of Education In Autonomous And Deemed Institutions In Chennai

The rising cost of higher education has emerged as a critical concern in India, particularly in metropolitan cities such as Chennai where autonomous colleges and
deemed universities dominate the academic landscape. While these institutions are recognized for their academic flexibility, infrastructure, and quality
enhancement, they have also contributed significantly to the escalation of educational expenses. The present study examines the affordability challenges faced by
students in autonomous and deemed institutions, with a focus on identifying the factors driving fee escalation and evaluating its impact on access to education.
A quantitative research design was adopted using primary data collected from 250 students across various institutions in Chennai through a structured questionnaire
measured on a five-point Likert scale. Statistical tools such as correlation and multiple regression analysis were employed to assess the relationship between cost
factors and affordability levels. The findings indicate that increasing tuition fees, additional institutional charges, and lack of effective fee regulation significantly
reduce affordability. The regression model demonstrates strong explanatory power (R² = 0.64), suggesting that cost-related variables substantially influence
students’ financial accessibility.The study further reveals that affordability challenges are more pronounced among middle- and lower-income groups, leading to
increased dependence on education loans and financial stress. The research highlights that affordability is not solely determined by income levels but is also
influenced by institutional practices and policy frameworks. The findings underscore the need for regulatory intervention, financial support mechanisms, and
transparency in fee structures