Money influences every thing in our lives, and education cannot be left behind. There is a lot of talk about the rot in the system. It is a fact that the quality of the graduates who are coming out of the colleges seems to have gone down dramatically. This is when in comparison with many developing countries. This tells us many things. One is that money has reached higher up. It is able to get seats and guarantee results. This degrades the entire process of education. There are laws which have been passed to ensure that there is a fair process of accepting a new student.