India's JEE Advanced claims a 0.5% acceptance rate, spawning a $12 billion coaching industry that devours students' adolescence for a single shot at IIT admission, with 90% of test-takers failing the first cutoff. This ultra-competitive environment is more punishing than the GRE's slimmer stakes—the GRE dropped usably by over 100 programs after showing only a 0.15 correlation with PhD completion. The JEE's financial burden rivals a small nation's GDP, yet offers no comparable return on investment for the vast majority. Concrete data: $12 billion coaching industry; 0.5% acceptance rate.
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