Is higher education worth the price

What is the Value of Higher Education? College degrees no longer guarantee gainful positions.

Is higher education worth the price

Is it worth the price you pay? Following a huge debate regarding the future of the students currently studying in those colleges, the Council altered its earlier decision and offered the colleges another chance if they were to mend their ways and present a report to the Council with their present state.

The incident has brought to public the trend of degrading education standards in private institutions. Though students and guardians have been long suffering from the business attitude of private colleges, lack of government interference had left them with no option.

Guardians pay higher prices for the hope of better education but they are not delivered what they were promised in the beginning.

The Council had stated that the colleges were underequipped to facilitate the numbers of students they had admitted. Roj Nath Pandey, assistant spokesperson at the Ministry of Education MoEsays that a year back a committee was formed to regulate the fees in private institutions for higher education.

He adds that there are two options regarding the regulation of higher education charges — either the government should fix it or let the market decide on free economy. To lure students, private colleges invest in advertisements and promotion, targeting places like cinema halls where young crowds are more likely to consume the information as desired by the educational institutions.

And talking about the standard, why not choose the mother institution rather than an affiliated college? Islington College requires students to pay pounds in addition to Rs 76, every year as admission fees.

Dr Narayan Manandhar, Vice Principal of The British College, says that their college is offering British standard courses in Nepal, and thus the high charge for their education. He adds that they pay Rs 2, per session to all the teachers to ensure that they deliver their best to the students.

Amidst these predicaments, there is very little help from the authority. MoE assistant spokesperson Pandey says that if anyone files a complaint regarding any such issues, a high-level monitoring committee under the Ministry is responsible to supervise any irregularities, and if found guilty, can penalize such institutions.

But unless the Ministry acts, the procedure to penalize after the complaint is filed is still a far cry. Pandey further points out that the University Grant Commission UGC is also responsible to regulate the colleges that offer higher education.

On the other hand, Subash Chadra Dhungel, Chief Administrative Officer of UGC, says that they have been monitoring more than community colleges which receive regular grants from the Commission, making sure that the community colleges charge nominal fees to their students.

But they have not looked into private colleges till now.

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He adds that though they have not interfered in those colleges which do not receive any grants from them, they have plans to regulate them in the near future.

However, students like Rai have been investing a good amount of money in private colleges with the hope of getting better education. NEC Chairperson Singh agrees with Rai about private colleges being opened only as business prospects.

He states that by the amount of fees these colleges are charging, they should have increased facilities in the classrooms and laboratories, or at least have their own building.

Students in dilemma After the two above-mentioned engineering colleges were under the scanner of Nepal Engineering Council NECthe Council has estimated that the future of at least students would be affected.

As per rule, graduates of banned colleges would be automatically disqualified for the Council certificate in their professional career. The Council had revisited the college one week back and asked the college administration for the report of the new admission.

But according to Singh, they have not only found the college of over-admission but the college has also failed to present any reports to the Council.

Meanwhile, the students studying at the college are hopeful that the college is not mishandling their future. He also emphasized that he and his friends are preparing for their internal and assessment exams and the college administration has assured them that their future is secure.

Is higher education worth the price

Singh, on the other hand, says that they have formed a five-member committee to review the future of the students who are already studying there. He also asks prospective students and their guardians to review the colleges before they decide to enroll.

He also advises students and guardians to be aware of the colleges they choose for higher education. Published in Republica National daily in 8 January.Higher education funding has borne the brunt of much of the "crowding out" of funds, said Moody's, falling from around 14 percent of state spending in the late s to just over 12 percent today.

While the question about whether a college degree is worth it is not new, what is different now compared to the s is the level of debt that many students must take on to finance their education. You might be surprised to learn, then, that the actual poll of 30, college alumni found that the vast majority of college graduates agreed that their education was worth the cost.

Mar 18,  · No matter what a higher education costs them, most Americans think it will be worth it, she says.

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It was a different story 70 years ago, when most Americans thought college was only for the. Oct 30,  · Some people are deterred from pursuing higher education because of the price tag attached. Even though student loans are often available, the idea of .

The High Cost of Higher Education. More. Encourage your child to think carefully about a field of study as well as what a recent graduate can expect to earn. this route might be worth.

Perks of higher education are worth the price tag | Daily Trojan