<p>I think your views on education are partly formed by the mentality of indian society.
Although marks and exams are excellent way of expressing ones capability but they are not enough and have a limited range.
In India we give more importance to exams which is only a part of education of child.
Although high population is one reason but in my opinion the narrow-mindedness of Indian education system is the main reason.
In India unreasonable stress is given to exams.
Parents pressurize their children to get top marks in exam and appear unhappy when their child gets even one mark less
Such things make the excellent system of exams a waste because even an intelligent child getting high marks is looked at like a duffer.
The unrealistic curves in commerce is an excellent example where a child getting 93% marks is rejected admission.
So the need is to expand our methods to quantify education.Also we need to build more number of good quality institutes to reduce competition and improve the quality of current institutes.
Largely there is a need to expand the fields of education beyond medical,Non med and commerce.
India faces problem because all the talent is concentrated in a few fields.
In USA there are large no of fields and there is fair distribution of talent in these fields which reduces competition in USA.</p>