Even rich children are not getting educated. Why not?

A survey, conducted between January and July 2014, by the National Sample Survey Organisation highlights the wide gap in access to education between the rich and the poor. The survey shows a massive gap between the lowest and highest quintiles in terms of income, and between rural and urban populations. No surprise there. What is surprising are the figures for the richest fifth of the population. Taking only the urban people, 89% of the richest fifth attain primary education, 72% attain secondary education, 66% attain higher secondary education and a paltry 31% attain education above higher secondary. Primary means up to Class VIII, secondary is up to Class X, higher secondary is up to Class XII and college thereafter. The question is: Why are so few of richer children getting educated, why not 100%? It is not as if we have hundreds of Bill Gates and Mark Zuckerberg, dropping out of college to launch companies spanning the entire globe. Why are 69% of children in the economic upper fifth of the population not going to college? It cannot be because of a lack of seats in colleges, because education is very big business and we see a new college opening almost everyday. The Governor of the Reserve Bank has warned students not to take education loans for useless degrees. So here is a terrifying thought: Only 31% of top 20% of the population are attending college and the vast majority of them are getting rubbish degrees. Which means that India is a nation of duffers. Only 7% of MBA graduates are fit for employment, the rest 93% earn less than Rs 10,000 a month, if they get any job at all. Americans are most unimpressed with the standard of our medical education. But private space industry in the US is opposed to Indian Space Research Organisation because it is able to put satellites into orbit at very cheap rates. So a tiny few are up there with the best. If our education system improves we will be unbeatable. Over 80% of engineering graduates know nothing. In fact, those who are learning skills earn much more than engineers and MBAs. What happens to these graduates? After spending hundreds of thousands getting a degree can they train as plumbers or electricians? It is not just a loss of face, their worth will drop precipitously in the marriage market, especially since gender selection has drastically reduced the number of eligible girls. The Vyapam scam in Madhya Pradesh in which the process of selecting all the candidates for medical and engineering colleges and for jobs in government was found to be controlled by criminals is an example of the rot in the system. The Bihar government found money to reward highly paid MLAs but had no money to pay school teachers. Shows what politicians think about education. If people remain stupid it is easy to lie to them. Win elections.