Unlike older days, the global niche has become more and more competitive. It is a race; survival of the fittest. The more skilled and educationally equipped the more chance you have to fight and survive. Catching up with the technology is one way higher education enhance economic development as graduates are better equipped to use new technologies. It is a complete cycle as higher education provides better job opportunities which in turns run the economic engine providing more capital which can be collected back as taxes and used to further improve the framework of higher education. (Bloom et al 2006). Concept that higher education plays an important role in the economic development and institutions can stimulate productivity was first introduced by Theodore W. Schultz. He introduced the idea of Human capital and its link to modernizing economy which flourished into complete Human Capital Research Program influencing many researchers and policy makers. (Teixeira 2006).The nations have long realized the significance of higher education and much has been done to build a solid infrastructure that can extract and polish the skills of an individual. But the capital required to obtain such qualifications is on the rise making it difficult for a middle class family to afford. According to the US statistics shown by Institutional Characteristics Survey tuition fee charges remained relatively stagnant in the 1970s. But there was a considerable increase in fee charges between 1980 and 1990. This increase not only had a great effect on the student and parents but also on education policymakers. In the same survey it was noted that rate of increase was greater at public institutions as compared to private institutions. Despite increase in tuition charges, number of students continuing on to higher education after finishing their high school has raised from 49% in 1980 to nearly 62% in 1993. During 1992-93 full time students attending a public school received financial aid on an average of 29%. The aid was greater for families with poor income about 80% and less for high income families about 10%. (Livingston 1995). Some enthusiast believes that higher education should be free. Many would agree that this statement is misconstructed. Even though sometimes consumer may not have to pay for a product but someone else in the background is bearing the cost. Going through a lot of literature I realized that it has been debated extensively but the question is still the same: who should pay? (Johnstone et al 2010). Before we can answer this question we need to understand different policies which provide the revenue that fuel the education system. The most common and classical model is General Tax system. In this policy, the funds are collected via general taxes imposed on every individual of the country. This model has served well over the decades but in general violated the beneficiary pays principle. Although university graduates mostly contribute in this revenue collection, a large proportion never attended the university and still has to pay. However, this policy is in line with equal opportunities for equal abilities principle. Second plan that provide funds to higher educational system is implementation of tuition fees and scholarship combination model. Institutions take a considerable amount of tuition fee to compensate for the operating cost. This is line with the beneficiary pays principle but defies the principle of equal access. This model favors the
Cite this document
(“What Factors Contribute to Cost Increases in Higher Education Research Paper”, n.d.)
Retrieved from https://studentshare.net/education/58126-what-factors-contribute-to-cost-increases-in
(What Factors Contribute to Cost Increases in Higher Education Research Paper)
“What Factors Contribute to Cost Increases in Higher Education Research Paper”, n.d. https://studentshare.net/education/58126-what-factors-contribute-to-cost-increases-in.
Cited: 0 times
Education is, by far, the most important tool for the development of a society. It is a sign of prosperity and serves as a catalyst for any country’s propagating economy.The cost of education lifting high and out of the reach of common man is creating a void that needs to be filled…
Government and Higher Education Qatar used to be one of the poorest countries in the Persian Gulf. However, it was able to reach one of the highest levels of per capita income in the world because of its oil and gas resources which were successfully exported.
According to the paper the growing number of First Generation Students in the United States and their underrepresentation in the nation’s higher education system has raised a number of questions regarding the need for student support services and leadership programs for first generation students in higher education. The changing demographics of the United States and the growing immigrant population show that the number of first generation students is on the rise in the United States today.
They form the largest group since baby boomers. Very special and stunning revelation about millennial generation is that more than 40 percent of them are children of divorce and belong to ethnically and racially vast US generation (Sweeney, “Millennial Behaviors and Higher Education,” par.
When oil producing countries get involved with significant projects such as research, innovation, and education it becomes a matter of scrutiny and cynicism. It is expected that they involve in school sponsorships and scholarships in the award of education and in most cases significant players and staff are invited over to create grassroots basic literacy.
The paper will also discuss on some of the factors which contribute to obesity, healthy risks which are related to obesity, CDCynergy Health Communication model for addressing chronic health issues, Step by step plan for the health promotion program and the limitations of the model.
The trends have today changed where higher education is seen in terms of the benefits it will give to the individual other than the good that it can bring to the general public. One of the factors that have contributed to the rising costs of higher education is the issue of government sponsorship and other third-party providers who fund students pursuing higher education.
the vice-chancellors and the National Union of Students (NUS) regarding the source of this funding, in which the former consider the students as the supposed source whereas the latter emphasize upon the rich public as the source (Ullmann). The best ethical solution to the
Education is, by far, the most important tool for the development of a society. It is a sign of prosperity and serves as a catalyst for any country’s propagating economy. In today’s technological world it has become inevitable for any individual to pursue for a higher education in order to achieve higher standards of living.
All higher education institutions should provide knowledge to students according to the current changes in the market and considering the long term developments. In our cultures, higher education has the role of change, improvement and
According to the paper there has been greater demand for ore technocrats over time. This has happened because of the procedural level of enlightenment of the human populace. Good policies on education has equally led to establishment of more colleges and universities, the academic infrastructure in these colleges of higher learning has also improved enormously.
6 pages (1500 words)Research Paper
Got a tricky question? Receive an answer from students like you!Try us!
Let us find you another Research Paper on topic What Factors Contribute to Cost Increases in Higher Education for FREE!