Don‘t miss the cloud behind the silver lining. The Class XII CBSE pass result has soared to an all-time high of 88.8%. The number of students scoring 95% and above has more than doubled. If only these higher marks were a reflection of students getting more skilled and more competitive. Instead, the odds are they simply mirror an assessment scheme relaxed to compensate students for the many disruptions originating in the pandemic. The goal of reducing student stress levels during this turbulent time is excellent and laudable. But it is a fallacy that high marks can accomplish this by themselves. The real stressor, after all, is shortage of opportunities. When every bout of grade inflation raises cut-offs for higher education even higher, it is no succour. That India‘s Gross Enrolment Ratio is only 27% compared to Indonesia‘s 36%, Thailand‘s 49% and the US‘s 88% is just one measure of the toll taken by our failure to build adequate colleges and universities. Licence raj continues to suppress autonomy and expansion in this sector. For example, a new national education policy is reportedly mulling at least 20% of students being able to attend private higher educational institutions through free ships and another 30% through scholarships, besides fee caps. On top of the stasis already wreaked by reservations, this would be disastrous. Browbeating the private sector to make up for public sector deficiencies is counterproductive. As the pandemic has underlined the key role of good government services in healthcare, so too is raising the standard of publicly funded schools and universities essential. What the students need is an ecosystem where government institutions deliver quality education and private options are plentiful. It is better prospects alone that will best alleviate students‘stress. Meanwhile, crudely chopping syllabi will only worsen their disorientation and should be reconsidered.