Education industry is a business these days.

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211 comments Page 8 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)

Manisha said:   4 years ago
Hello everyone,

Greetings of the day!

Education is the door that goes from darkness to light!

So, after independence in our country, everyone is aware of education hence everyone wants to educate their child to compete with the world. But due to ignorance of government schools nowadays almost parents want to send their child to fancy private schools or institutions.

Some private schools and institutions offer various courses along with academics like dancing, swimming, singing, horse riding, sports, etc. Hence they take high fees from students because for providing this many of courses and good teachers, well-equipped labs they have to pay expenses.

But there are some institutes or schools which takes the high amount from students but didn't give worth return back to them. They only focus on their advertisement and an increasing number of admissions they don't pay attention to students studies, progress.

Due to such more number of students like 1000 in private institutes they didn't pay attention to individuals. So, no growth of students.

In earlier days various toughest exams like IIT, GATE, UPSC, CAT, etc are cleared by students by only doing self-study but due to private institutes, they manipulated the mentality of a society that none can clear this toughest exam without classes and all. Hence a number of students accept this and goes for classes that are of no use.

Among 3-4k students they only got 10%result and they spend very much on advertisement and all students and parents thought that by joining this class they can achieve what they want.

In government schools there are not many facilities available government is not paying much attention on these schools hence poor people can't take such highly expensive education in private schools so the gap between poor and rich in society is increasing day by day.

For nursery and LKG, UKG private institutes acquiring 30k+ fees which is very much high actually in these classes we have to only teach students about IQ increasing games and manners only.

By paying so many fees and not getting targetted goal and output suicide and depression cases are increasing in youths.

To avoid this business government need to take strict action against private institutes and also need to provide good facilities to government schools too.

By doing this poor class of society can also educate their children and there may be a somewhat decrease in the gap between poor and rich takes place.

Thanks.
(18)

Kiran said:   4 years ago
In my opinion,

Education is a business because nowadays institutions are demand a lot of money from parents, but they do not maintain the quality of teaching.
(18)

Prateek Kumar said:   7 years ago
Yes I totally agree with this topic.

Nowadays, this is a trend in a business field. People are building an educational institutes and coaching centers to earn money. They don't care about the quality of education.

Parents are also worried about their children's education, they do everything for this, it has increased the level of corruption in the education industry.

People think of it as a status definition, so they are sending their children into the big budget schools and coaching centers. This is why educational institutes have become a business industry.

My suggestion is to prevent the education system from becoming a business industry, the government should keep an eye on such institutions and lay a set of rules and regulations. So that the school can concentrate more on providing quality of education rather than focus on money.
(17)

Chandan chandil said:   6 years ago
Hello everyone,

I don't agree with this point that education industry is a business these days. According to me, toady's scenarios of every parent is that their child should get the good quality of education so for the good quality education they are paying the fee.

If we talk about government Institution and private institution are taking the more fee in comparison of govt institution but Pvt. Int. Are providing a good quality of education as well as they are giving the good facilities to their students in comparison of govt inst. They are hiring good professors and good teachers to the students and paying them a good salary. They are spending money and providing good quality so that's why they are taking more fee.

So it can't call a business it is the game of quality.
(17)

Angel said:   5 years ago
Hello everyone. ,

Yes, the education industry is a business. Nowadays they all sales education. For the example one person has good marks and another person have good recommendations support or good financial support, the education industry select the good recommendation support person. Poor people can't able to study. Because of the education fee system.
(17)

Kiran ar said:   3 years ago
Yes, education becoming one of the top businesses now, because now for LKG or UKG pay the fees in lacks, I don't know kids at 4, 5 years concentrated in class.
(17)

Jasmine said:   3 years ago
- I strongly agree with this statement. Because during these days schools are building only with the motive of heaps of money.

- Taking the case of the kinder garden, parents are ready to throw enormous amounts of money to make sure their 3 or 4-year kid's admission in a well-known school. But schools forget to teach them values, and morals, how to behave toward elders, and how to be socially active for the wellness of society. Instead, they are taught the histories and theories that have been taught over years.

- There are some other cases tooo. Like in most of thebcolleges, seats are available for those who own fat wallets.

- There are lots of students who are unable to join classes just because they are poor or marginalized in the society.
(17)

Baldev krishan said:   6 years ago
According to me, in today's world education has been become the source of earning money besides this I also want to say that our school principle must be richer then ministers even parents are busy so they focused only on the marks of children's not about their knowledge teachers and parents used to pressurise them to get good marks but who cares for children and knowledge Teachers are just explaining the topic but every child has different level of understanding how they can manage it that's with very sadness I have to say that children are just cramming not understanding the concept.
(16)

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)


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