Envisioning Philippine Education

Procedia - Social and Behavioral Sciences, 2011

While allocating funds to education sector, governments do not pay much attention and reallocate funds towards different levels of education irrespective of keeping stage of development of economy of their country in mind which usually make education expensive or out of reach of common man. The correlation between percentage of government funds spent on education and literacy rate was checked and found weakly positive. Earlier researches show that the correlation is moderated by culture, poverty and gender gap.

University of California Press eBooks, 2008

Higher education should be more affordable for everyone, since nowadays it is practically a requirement for most jobs and imperative to strive in today’s market. In order to offer high quality education, universities need to be constantly investing, which increases their expenses substantially. However, there are many ways to cut costs and consequently lower the price of higher education for the students. The average tuition in United States is much higher when comparing to other leading countries, which also offer high quality of education. College tuition should be more affordable so students will not have to borrow so much money for tuition through student loans, which generate life-long debts for many of them. The result of the current tuition values is that some college graduates have to refuse internships in their area of study because they need greater income to pay for their students loans.

Higher education system of a country plays a significant role in the creation of skilled human resources. In the emerging scenario of knowledge based on society across the globe, India is well placed with potential brains needed for the revolutionary changes. The New Education Policy of India considered that, “Expenditure on Education is nothing but investment which in turn has a multiplier effect on the utilization of other resources”. Educational expenditure and investment in human being results in enhanced future output. While giving education, parents expect that this expenditure will help increase the life time earning of their children or education will help them to be better human beings. According to the parents’ expectation the expenditure is either investment or consumption. As investment education serves as a means of making one more productive. When the expenditure on education is made with a view to having more moral and human values, then education becomes consumption

The Philippine higher education sector is not immune to the fi scal pressure plaguing the entire public sector as a whole. So, fi nding other sources of funding is imperative for the survival of the State Universities and Colleges (SUCs) and for ensuring the delivery of quality education. The study sought to gather relevant data and other information that policy-makers and the management of PNU (Philippine Normal University) can utilize in examining the effi ciency and sustainability of the existing tuition policy of the university. The study focused on the three important determinants of tuition fee rates: (1) the cost of degree programs being off ered by PNU; (2) the ability to pay of its students; and (3) the eff ect of the infl ation rate on the real value of the tuition fee rate of the university. Also, a comparative analysis of the tuition fee rates of other Higher Education Institutions (HEIs) in off ering teacher education was done to compliment more insights to policy-makers and the management of the university. The fi ndings are pointing to a need for the university to revisit its views and policy on the tuition fee and start the dialogue among its stakeholders addressing the issue.

International Journal for Advance Research and Development, 2018

This article aims to explore why the foreign nationals opt study in Singapore in spite of very high cost of living. Singapore is a hub for quality education in the Pacific-Rim and it has the world’s renowned colleges including Singapore National University and Nanyang Technological University. Therefore the country hosts many foreign students from various parts of the world, especially Asian countries. It is often argued that the cost of living is generally very high for the students in Singapore because of various factors. This article aims to explore those various factors which makes cost of living so high in Singapore and conclude the reasons which makes the students to study in Singapore in spite of those high costs.

South China Morning Post, 18 May 2016