Education industry is a business these days.

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211 comments Page 2 of 22.

Manu said:   5 years ago
Hello everyone,

What I feel about the topic is that it's true that the education industry has become a business but I think we should look upon the reasons for this kind of development in a very layman's way.

Some of these might be these:

-The supply is less, demand is more, so the cost is obviously high.
-Misconception that coaching classes help to clear everything.
-They think the School's quality of education is directly proportional to the school's infrastructure.
-Sometimes, it's a matter of prestige for parents.
-It's sometimes that people fail to judge what is good and bad.

It's my opinion that it's not the fault of the institutions or coaching centres which take large donations and provide the equivalent service to students. It's however one's choice to avail the service by them or chooses the service which is convenient for them. Many educational organisations provide all kinds of facilities like play school, swimming, dance classes, well-equipped labs, highly qualified teachers, very good grounds, and even some school provide horse riding classes. Thus, they need money to provide all these classes and services. Nobody works without pay these days. Private Institutions need money to run their school's. So they collect a large amount of money.

I find nothing wrong in them. But there is a choice on our site, whether to choose the high fees school or whichever is best we can afford. That's how the business works.

Thank you.
(18)

Kshitij G said:   5 years ago
Definitely, To some extent true.

1.Education institutes and hubs are becoming a trading centre especially affecting vulnerable like the middle and lower-middle class.
2. Some institute outlines a bulky fees structure to extract maximum benefits out.
3. Most of the elementary and secondary schools are tabooed with this monopoly, especially private schools and convents, where students are exposed to bigger aids and ambitions.
4. Talking about Graduation courses, private institutes and stakeholders lucratively places out a policy which seems mandatory to parents.

*Governments role*
1.Various landmark reforms granted by the GOI.
(a) 1992-Revised Education policy under PV Narsimha Rao committee.
(b) Right to Education act undermines free education for 6-14 yrs children.
(c) " Samagra Shiksha abhiyaan" for socially and economically weaker section (SEWS)
2.Scholarship Programme by Govt. to assist bright and economically vulnerable.
3. Remittances to be paid by Education traders to Govt. made compulsory.
4. 10%Poor Admission Quota available in every private institution.

Conclusion:
1. Thus Education expense is inevitable and that every hub demands bulky fees when it comes to providing quality education.
2.The need of an hour is to re-formulate the programme policies by private institutions to make education accessible to every citizen.
(16)

Vishal patil said:   6 years ago
Education industry is a business these days. I would say YES.

Main thing which makes education a business is that their style of advertisement and comparison between other institution. The school which has more fees richer parents get interested in that school to admit their children. They start comparing with the students who are learning in government schools. They think that I have more expensive car than their neighbors.

If one who says there is no business in education then why there is a difference between government school and private school. Why not the students belong to government school get facilities which are being given to the private schools. I don't want to say that poor students are not good in studies in fact they do well in their future as we have been watching in news or inspirational movies. But they don't get the things which are essential them in their childhood. Why they get ashamed in front of the children who are studying in private and expensive school.

If these things are happening then there is really a business of education. As today's scene we are watching, it's not good for better future of children. We are ruining their childhood. Neither government nor schools responsible for that but we are responsible for that. The comparison of life style among the society is responsible for the business of Education.
(29)

Shubhangi Mundhada said:   5 years ago
Hli guys,

I am very glad to discuss about our related topic i.e."EDUCATION INDUSTRY IS A BUSINESS THESE DAY".

According to my opinion, it is a business or not a part of the business.

Firstly, some query arrives at why the education industry is a business?

This query is everyone mind but the main reason we know but we can't explain it in a proper way.

So let's start my discussion on this topic.

Nowadays we all know that education is an important part of our life.

Only because of education we can search are career we get a proper line in every sector which we have interested in.

Education is a facility of learning in which we get some knowledge that is our right to know about it.

I agree or not to relate this topic.

It is very simple when we get a good mark or good % than it means that we can achieve our dream. It is very simple that if we really want to achieve our goal then do work hard. Then you fulfil our need otherwise there is no option.

It is business for those people or student who got less mark but they need this field anyhow then they game some fees to that reputed college to got admission those college.

It means that education is business for those who don't think that if we work hard then we touch our dream.

I think that is sufficient word to me to express my view.

Thanking you.
(9)

Channabasava said:   1 year ago
The education industry has increasingly become a business due to several factors.
Firstly, rising tuition fees have transformed higher education into a major financial investment for students and their families. This shift has led to the proliferation of private institutions that operate on profit-driven models, emphasizing revenue generation over purely educational goals.
Additionally, the student loan industry has become highly lucrative, with significant interest payments benefiting financial institutions.

The commercialization of education is further evidenced by the thriving market for educational products and services, including textbooks, online courses, and tutoring.
The globalization of education also plays a role, as international students often pay higher fees, contributing to the financial gains of educational institutions. Moreover, schools and universities invest heavily in marketing and branding to attract students, similar to business practices.

Corporate partnerships for research funding and infrastructure development highlight the profit motives within the sector.
Finally, the rise of online education platforms, or EdTech, has monetized learning through subscriptions and paid courses, solidifying the education industry's status as a significant business venture.
(2)

Sani Aktar said:   5 years ago
Education is the most important part of our life. To represent a country globally every citizen must be educated. Govt and private organizations are involved in the education system. But the difference is that our thinking. We gave the opportunity to private schools and colleges to do business with us. There was a time when everyone likes to go govt school for good teaching at affordable prices. A few private organization was present. Now, today's generation doesn't like the teaching of govt schools, though govt is giving books, a dress, food etc. There is a huge competition entering into private schools and collages even at high prices. Parents are ready to spend huge money for admission in a luxury well suited private school and collages. Now the point is that teachers who will teach us not only infrastructure. Except for few private schools and colleges, others are only selling degrees to students without giving good knowledge, essential facilities are not sufficient there. Like engineering collages. Every year private colleges are increasing. The reason is that few seats are in govt colleges, and students are huge. That's why colleges are doing business with us. There must be a limitation of admission fees. And obviously govt should inspect all collages about education quality.
(11)

Alpha said:   5 years ago
In my opinion, Yes the Education industry is a business thees day. They are charging a high amount for students where a poor student can afford it.

Education is the basic right of every human being. Some countries have totally free of cost education in a large school, colleges and universities.

I understand, Education industry is a business this day, we also knew that our country is a developing country. But we also think that those private education industries, who provides not only quality education but also increase our various knowledge and skills.

They also provide various technical and non-technical skills through digital which help to make multi versatile.

They also provide the various trainer and professors who give their best contribution to building a beautiful career for students. I.

Nowadays there also provides lots of cognitive learning for the mental strengthening of students.

So think about that how they give these facilities free of cost.

Now they also decrease the quality of study in govt educational institutions.

Therefore Government educational institution must tie-up with Pvt institutions there poor students are getting an opportunity to make versatile to them. They're also not creating a difference between rich and poor students. All are same.
(4)

Adarsh said:   5 years ago
Hello everyone.

Today's topic is education. Education is the basic need of every human being. Without education, a person has to survive very hardly in his/her life.

But these days the quality level of education has been improved by digital education. But it is also a bitter truth that nowadays education is also becoming business. If you have money in your pocket then you can see the dream of the best school or college.

Fees of primary and secondary schools are so much high that everyone is not able to afford this.

The motive of the best education is to see the dream of developed India, but most of the education industries taking so much money for admission, because of this talented but poor students are not able to join the best institute.

Inspite of that there are a lot of good tutors doing tremendous work in the field of education. Like Mr. Anand Kumar, Physicswallah, etc. We have to do appreciate the efforts of these people.

Well, education is the need of every child but because of lack of resources most of the kids not go to school.

Suggestion for govt.

1) First of all government has to improve the level of Government schools.
2) Fixed an affordable fee structure for everyone.
3) should be the control fees of colleges and many more industries.

Thanks.
(74)

Sarthak said:   5 years ago
Hi everyone!

I don't believe in this statement as this isn't entirely true. People have an opinion that educational institutions, especially private is a business but if we bring our attention to these private institutions like Modern School Barakhamba, The Doon School, Sherwood College, Lawrence School which are country's most prominent and expensive schools in our country have provided us the leaders and personalities like Field Marshall Sam Manekshaw, Ratan Tata, Amitabh Bachchan, General VK Singh. If these institutions were just running a business then they wouldn't have the reputation they have. Parents wish to provide their Children with best education but it comes with a price. Better schools have better infrastructure, better faculty, exposure to better opportunities etc. IITs and IIMs have no lesser fees despite being a government college. IIMs are the best institutes to study management and average cost there is around 25-30 Lakh for the PG course. So it is not entirely true that educational institutions run a business. No professor holding a degree from US wouldn't want to earn in millions of that's the case. Average Educational Institutes in our country have lesser fees compared to the western world and are way behind in facilities and opportunities.
(14)

Mahesh said:   6 years ago
Good evening all,

I want to say something about this topic. Yes the education industry is a business nowadays. If education is not a business then private colleges don't take a donation for admission. If education is not a business then private colleges don't do advertisement and marketing. Is this all because the government colleges are not providing quality of education. No doubt the government appointed teachers are the best but they take more leaves in between the semester, the instrument and the apparatus are not properly working in the government colleges so the students can not get proper knowledge of the particular subject because of the lack of apparatus and the instruments. By considering all these factors the private colleges are providing good facilities and better quality of education by providing PhD holder teachers. So because of this they going to take more fees and making profit from that. But government should take care of this also because any of the colleges can't be increase more fees. And if students is weak in his field of education then they will go to the coaching classes and they will going to take the more fees. Hence education is busy nowadays because lots of money is involved and profit is involved in this. Thank you.
(21)


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