education system
New Facets of Education System: Money Game
Education is an expensive function, and therefore the connection between money and education is a frequent issue. Local governments struggle with budgets and Private schools and colleges and parents struggle with tuition costs. Just how does money relate to education or the quality of education? The public education system makes frequent claims about the connection between funding levels and the quality of education, when attempting to explain the perennial failures of the system. Despite growing investment in education, 25% of its population is still illiterate; only 15% of Indian students reach high school, and just 7% graduate. As of 2008, India 's post-secondary high schools offer only enough seats for 7% of India 's college-age population, 25% of teaching positions nationwide are vacant, and 57% of college professors lack either a master 's or PhD degree. The standard response to the failure in system has almost uniformly been to claim that funding levels were inadequate to achieve quality results. However, statistics going back well over a century do not support such claims. The researcher aims at examining the true connection between money and education. The study would be conducted to examine the current trends of education funding and establish the modern maxim of education as a money game rather than Social cause.
Key words:
Education, Funding, Public and Private Education, Indian Education system, Current trends in Education.
"We don 't need no education", sang the band Pink Floyd way back in the 70 's in the famous super-hit album, "The Wall". While this may sound all right for idealistic rebels, it certainly does not apply to the current Indian scenario.
India 's GDP has grown at a compounded rate (CAGR) of around 8.5% over last couple of years and is almost growing at a pace among top few in world. A robust performance by the Services Sector, which has been clocking strong double-digit growth rates
Education is an expensive function, and therefore the connection between money and education is a frequent issue. Local governments struggle with budgets and Private schools and colleges and parents struggle with tuition costs. Just how does money relate to education or the quality of education? The public education system makes frequent claims about the connection between funding levels and the quality of education, when attempting to explain the perennial failures of the system. Despite growing investment in education, 25% of its population is still illiterate; only 15% of Indian students reach high school, and just 7% graduate. As of 2008, India 's post-secondary high schools offer only enough seats for 7% of India 's college-age population, 25% of teaching positions nationwide are vacant, and 57% of college professors lack either a master 's or PhD degree. The standard response to the failure in system has almost uniformly been to claim that funding levels were inadequate to achieve quality results. However, statistics going back well over a century do not support such claims. The researcher aims at examining the true connection between money and education. The study would be conducted to examine the current trends of education funding and establish the modern maxim of education as a money game rather than Social cause.
Key words:
Education, Funding, Public and Private Education, Indian Education system, Current trends in Education.
"We don 't need no education", sang the band Pink Floyd way back in the 70 's in the famous super-hit album, "The Wall". While this may sound all right for idealistic rebels, it certainly does not apply to the current Indian scenario.
India 's GDP has grown at a compounded rate (CAGR) of around 8.5% over last couple of years and is almost growing at a pace among top few in world. A robust performance by the Services Sector, which has been clocking strong double-digit growth rates
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