Should Higher Education Be Privatised?
Should higher education be privatised? The answer depends on several factors, and there are a variety of opinions on this question. Here, we explore the pros and cons of various privatisation scenarios. We examine the cases for and against privatisation and provide data to answer the key questions. Read on to discover more. Then, make your own decision. If higher education is too public, privatisation isn’t the answer. It might be time to consider alternative models.
While tuition costs are already sky-high, privatization is not the answer to a student’s financial woes. In fact, the problem is far from a matter of affordability. In 1992, students paid for only about seventeen per cent of operating costs – not the case in 2002. Today, students pay nearly half of educational costs. As a result, university tuition is rising in cost. Many academics, notably those who have been a part of the academic establishment for decades, have gone to the private sector.
While privatization can be controversial, it does have its benefits. For one, it gives students more choice and makes it easier to find the best school for their needs. Moreover, the private sector’s voucher system enables students to choose the school that suits them best and doesn’t require them to spend a lot of time and money travelling. Besides, the privatisation of education empowers families by providing them with a wide range of educational choices.