Are Colleges Worth The Price Of Admission?
There have been numerous debates on whether the education acquired at higher levels is worth all the money that students are required to pay. Over the years, the education sector has risen to be quite some business empire going by the amount of money it makes annually. Students’ fees are continuing to rise and for some parents and guardians it has become increasingly difficult to raise the required amount of money. Some people have to start saving for their children’s higher education fees early enough, as they would mortgage. Higher education has become more of an investment, but it leaves one wondering whether the said education is worth the price that comes with it.
With many citing faults with the higher education system and tagging it as overpriced, a number of suggestions have been made to ensure that the education offered is cost friendly and of quality. One of them is to cut off sectors of institutions for higher education that account for a high budget in order to reduce the fees charged from students. One of the casualties happens to be medical schools, which require a lot of money for their daily management. If such a large amount of money is required, it becomes economical to run an institution without a medical school. So as not to leave out medical students, it is necessary to establish schools separately from the rest.
The government and financial institutions should reduce interest on student loans. Those students with difficulty paying their fees often have to acquire loans, which at the end of schooling will have accumulated to such high levels. Even if they start working immediately, much of their pay is directed towards paying back their loans. This brings up the issue of donations from organizations. There should be criteria for selecting institutions that require donations, so that wealthy and able students do not gain over the needy ones. These donations, if channeled in the right direction, could help maintain students’ lives in school while also ensuring they are treated to quality education. However, it is not all bad as “despite the university’s reputation as a countercultural bastion, 82 percent of its graduates found full time employment within a year, and 93 percent of those who applied got into graduate schools (Hacker and Dreifus 182)”.
Broadening the scope of courses offered to students can also help improve the worth of education being offered. Over the years, the quality of higher education has been compromised by limiting students only to courses that are currently available in the market. Little consideration has been accorded to talent and future trends. In so doing, it would help institutions to curb situations of many students being admitted to one course, yet after graduating, not all of them can be absorbed into the job market.
Students often require some form of motivation for them to improve performance. This can be done through staff motivation that in turn inspires their students and by embracing the use of technology in learning. Modern students are very technology savvy, and incorporating technology into their learning certainly serves as a form of motivation to them. Staff can be motivated to work by improving their earnings regardless of the teaching level they are.
Indeed higher education is growing to be more of an investment than a need and as such its worth grows more questionable. College presents opportunities for students to acquire knowledge and skills through various means. It is not all about acquiring professional skills, as others would argue. Therefore, it is critical for everyone to be given a chance to experience higher learning, a situation made possible by making it cost friendly and worthwhile in terms of quality.
Hacker Andrew and Dreifus Claudia. Are Colleges Worth The Price Of Admission? 2012. Print.