Abundance of money is the backbone to any state economy, financial success.
The stability of a nation currency determines the power and prosperity of that particular nation. Education is the safest agent that foresees the increment of the monetary resource. However, to be able to gain abundance financial resources, more funds must be spent to realize this target, if properly utilized in the appropriate manner. Human beings are willing to sacrifice great personal wants in order to gain abundance financial wealth to secure the current standing financial position.
Moreover, in major cases to improve their current standing. College education is greatly perceived as the direct pathway to enable this to materialize. Appropriate knowledge is perceived as surest way to increase a nation GDP income thus more money is preferably allocated to realize this need. This paper depicts the relevancy of higher learning inst
...itution to industries, companies and the society. Courtesy of colleges numerous researches in field such as medicine, engineering and general health-best offered in colleges- which are conducted in order to increase both the scholar and the public knowledge in this crucial and sensitive areas concerning their lives.
Selingo, J. J. (2013), categorically emphasize that intensive resources including labor and land have been crucial in actualizing the post modern facilities to be constructed in tertiary institution. Greater monetary attributes have been spent to construct, develop and maintain the running facilities in these institutions. Student admitted to these institution are therefore charged higher fees in order to use the resources present in their school; and also maintain them as they continue to use them. Most of the instruments used are unique and therefore expensive.
To enable efficient utilization of
this machinery and instruments during their studies, the gadgets must be adequate enough to cater the existing student population studying the particular subject during their studies. The essence of quality in the level of knowledge impacted to the students is greatly emphasized in such colleges therefore the students and researchers conducting experiments have to depart with great sum of money in order to get the best and reliable results that they greatly crave for. In most cases the government steps in to finance this great institution grants and scholarships due to the relevancy of the researches and knowledge impacted in such school settings. College graduates are highly sought after in all jobs market sector, so is claimed (Selingo, J. J, 2013). Their reliable presence in this industrial institution greatly propels the prosperity of their employed in companies and the surrounding community at large.
The graduates have acquired a great tested and proven mental capacity to solve enormous challenging task under various circumstances. An attribute strongly by the higher learning rigorous training, that they have underwent while they were still students at their colleges environment. Apart from offering academia, colleges create an enabling environment where cultural diversity is both appreciated and embraced by all the teaching and learning personnel’s. This is cheaper as individuals do not have to travel a great distance learning other communities’ way of life. Therefore, great sense of unity and prosperity are established as the graduates can work in societies both near and far from their homes; leading to development of the states and nation together.
The system greatly encouraged in most college education is majorly exam oriented. This trend that heavily relies on
the mastery of school textbooks definition on technical terms, denies the individual to be creative and innovative. Therefore the high cost spent in training and educating students prove to be irrelevant, when placed in the employment areas, they display the lacking of crucial necessary skills to perform various task assigned to the in their job markets sector. According to Bennett & Wilezol (2013), they argue that the college administration together with its fraternity is hesitant to embrace the newly required skills necessary to help students acquire the expected experience in the industries. In such a circumstance several graduates end up being unemployed therefore unable to cater for the liabilities expense that they spent in their university education.
In such a scenario, the costly tuition fees charged by such institution prove to be irrelevant to the candidates since they tend to be jobless and yet having big unpaid loans from the lending organization that helped finance their colleges education. Thus leaving a great number of poverty stricken graduates who turn up to be physiologically depressed, after incurring unnecessary expenses to finance their education. In 1840, Isaac pitman pioneered the introduction of distance learning. They were initially referred to as hybrid or blended form of education, and the participant candidate received their learning resources via mails and postcards, which were then sent back to their various respected trained tutors for corrections. This has greatly enhanced the embracement of online learning that is far cheaper as stated by (Hacker & Dreifus, 2010).
Cisco networking academy, which provides reliable and effective education compared to most college institution, has help to bridge the gap by ensuring majority of their students are place
in the job market therefore curbing job insecurity. And at the same time charging its students affordable and reliable resources compared to the existing colleges institutions offering similar programs at unreliable quality ant yet charge expensive for nothing.
Reference
- Bennett, W. J., & Wilezol, D. (2013). Is college worth it?: A former United States Secretary of Education and a liberal arts graduate expose the broken promise of higher education.
- Nashville, TN: Thomas Nelson, Inc.
- Hacker, A., & Dreifus, C. (2010). Higher education?: How colleges are wasting our money and failing our kids--and what we can do about it. New York: Times Books.
- Selingo, J.
J. (2013). College (un)bound: The future of higher education and what it means for students.
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