Without addressing the actual money involved this will be not complete:
> EU students: €19,000 for 3 years
> Year 1: €3,500
> Year 2: €7,750
> Year 3: €7,750
Repaying such amount is not a very big deal
> EU students: €19,000 for 3 years
> Year 1: €3,500
> Year 2: €7,750
> Year 3: €7,750
Repaying such amount is not a very big deal
> As of today, the total amount to be repaid is set at
> €21,000 for students who have chosen to join a government body for Year 4
> €31,000 for students who have not chosen to join a government body for Year 4
Such amount is not as insignificant in a country with high taxes and where peers in university have like $100/year tuition, it's not super high either (maybe 4-6 months of after tax salary for an entry level position)
But I didn't bother posting is as i think it's not relevant. IIT could set that amount at 1 rupee, or 1 lakh, or 1 crore. There's a threshold where this switches from "that's fair you're repaying tuition" to "oh now you're adding a steep penalty"
It's complex to set the right value: too high and you're forcing your graduates to choose a high paying job or a government job, but you're killing their chances of startup creation. Too low and IIT is leaving money on the table.
(Moreover, it is often paid by the employer who wants to recruit a student just after graduation.)