A Business-Oriented Approach to Higher Education

A Business-Oriented Approach to Higher Education

Education is an invaluable asset that is regarded as a fundamental human right globally, as one of the 17 sustainable development goals. It is a potent agent of positive change that directly contributes to improved health, social stability, living standards, and sustained economic growth. 

Evidently, education is a universal process of transferring knowledge and skills from one generation to the next, often in an institution of higher learning. As you progress to higher levels of education, you learn ways of making the best of the opportunities available in today’s challenging world. However, the notion of equal access to quality education has continuously been overlooked, especially in institutions of higher learning, compelling students to rely on top essay writing service reviews for assignment help. The disparity in equal access to education is primarily due to the privatization and commercialization of institutions of learning.

Gaining quality education provides individuals with various opportunities of developing physically and mentally, as you can see from Therefore, providing citizens with access to quality education is among the most important investments any government can make to ensure its economic prosperity in the future.

Just a few years back, teachers seemed to be driven to prepare students on the best way of taking advantage of the world of opportunities for an improved quality of life. In turn, teachers were regarded as role models and were held in high esteem for their dedication to supporting the learning process. However, despite the significant growth of the education system, current trends show that these institutions have become business-oriented, which is evident from the increase in the number of private learning institutions with high tuition fees.

Nonetheless, a few teachers are genuinely interested in improving their students’ lives by providing quality education. Still, their efforts are overshadowed by those whose incentive for teaching is simply to make ends meet. This trend is supported by the rise in the number of students admitted into these learning institutions. Though this might seem like a positive development, as more students will gain access to quality education, more often than not, it is a move to maximize their profit margins.

Reasons why the Education System can be Considered a Business

Education is an essential service, which, if it is not regulated, is subject to the laws of demand and supply. Entrepreneurs have identified a niche in the education market; as demand for quality education increases, so does the cost of tuition. Thus, it is a viable business opportunity that has led to more institutions of higher learning. However, these institutions focus on making money and do little to cater to the increased number of students. 

However, the higher admission rate causes a significant difference in the teacher-student ratio, which negatively affects the learning process’s effectiveness. Therefore, students are likely to rely on companies such as TopsWriting for quality papers. On the other hand, a handful of private learning institutions started out with the students’ best interest in mind; but they got sidetracked after building a good reputation and started focusing on the money. 

A new private institution will likely offer attractive tuition fees and gradually increase their tuition as their reputation grow. Also, teachers are likely to be attracted to a larger paycheck from certain institutions. This is a trend that institutions of higher learning are taking up to maintain their image as top-tier learning institutions with the best-paid teachers. Below are a few more reasons that reinforce the idea that institutions of higher education are business-minded. They include:

  • Admissions to the institutions are evaluated with regard to their ability to pay tuition
  • Limited government intervention in the education system
  • The learning institutions apply a structure of operations that offers incentives for best performance
  • The institutions regularly market the services they provide with an emphasis on promotions and discounts
  • The institutions view higher tuition fees as a sign of quality education due to the dwindling reputation of the public school system

These are just some of the reasons why institutions of higher learning have been more inclined to admit more students, thus becoming business-oriented, with their main goal being the generation of revenue and maximization of profits. However, this trend can be mitigated through government interventions such as providing adequate funding for public schools.  Also, private institutions of learning should be limiting the number of students they admit with regard to available learning resources. This will ensure the student-teacher ratio is manageable without compromising the quality of education offered at these institutions of higher learning. 

Written by Mia

Hey Everyone! This is Mia Shannon from Taxes. I'm 28 years old a professional blogger and writer. I've been blogging and writing for 10 years. Here I talk about various topics such as Fashion, Beauty, Health & Fitness, Lifestyle, and Home Hacks, etc. Read my latest stories.

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