Therefore, from my perspective education should not be given by the universities free of cost. In my opinion, if the students will not pay for their education then who would pay for that, is a big question that requires an immediate solution. Thus it can create further confusions in the society. For example, if the government would pay for students' education then they will extract the money from public only by increasing the taxes and this can further complicate the situation.
Another reason is that to get education from good universities students usually take some kinds of loans, which I feel, make them more serious towards their studies and responsible so that they can clear the debts in future. Therefore, education received by giving money stands more value to them as they have sacrificed something to get that education. The third reason is that the money universities take from the students is used by the universities for the upliftment of the university's standard only.
The university utilize this money to pay the teachers, to introduce most recent advances in all the aspects of education like getting new equipments in laboratories, building new classes with more advanced technologies, new books for the libraries, new hostels etc. Nevertheless, the proc ess of financial support through Bank Loans, Philanthropic Trusts, Corporate Social Responsibility funds and a National kitty should be augmented and structured and worthy candidates screened well through a competency based selection process should be supported. Making higher education free for all will only dilute the standard of education.
The impact of this on society at large is not difficult to visualize. We just need to think about Doctors, Engineers, Pilots, Architects and Pharmacists, to just name a few, who may come out from our colleges with free education, where they have not put anything on stake, participated wholly in all kinds of college level politics and hooliganism, and then sit down to treat serious patients or build bridges, buildings and industries, or fly an aircraft with hundreds of lives at stake or even make medicines with complex chemicals only to damage the lives of so many innocent citizens, who have trusted their University degrees.
Therefore , in my opinion universities should not provide education for free because the amount they get from the students is used for the welfare of the students only because it has been seen before also that universities that provide education for free are lower in standards compared to universities taking an appropriate amount of money from the students. I believe, that there is no good thing that we can get for free in the world.