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A policy cannot 'do away' with universities. You should focus more on learning the law.
What's wrong with a side business to earn extra cash? It's not that BALLB placements will be affected.
I don’t mind that they’re starting an mba programme. I mind that this is clearly a cash grab and it won’t live up to the same standards. And that it shows a lack of imagination on behalf of the administration.
You clearly have got a set of strong opinions about how a university should be run. Unfortunately, for those to be implemented, you need to be in charge of one.