Can World Bank Help In Financially Supporting Mali’s Higher Education?

Recently, the Board of Executive Directors of the World Bank Group approved a US$19 million grant and a US$14 million credit to enhance the quality of some specific programmes and the general management of higher education all over Mali. The funding for the Mali Higher Education Support Project incorporates different activities which aim to better the management of higher education institutions and design new programmes which are consistent with the demands of the labor market, boosting the probability of graduates for getting lucrative jobs.

Modernising Education

Pierre Joseph Kamano, World Bank Task Team Leader for the Project, said “It is expected that the project will directly benefit about 20,000 students and, indirectly, all of the 110,000 students currently enrolled in higher education. It is also expected to modernise education work environments, and improve the skills and experience for more than 1,000 academic staff and administrators to make them more competitive in the sub-region’s labor market.”

Many programmes in selected higher education institutes are set to be developed to meet the labor market demand and include better governance of management and finances. This will also help in improving the higher education system for the purpose of efficiently planning and executing reforms, observe the relevance and quality of programmes, as well as offer reliable statistics for policy decisions.

Need For Facing Challenges

The sensitive economy of Mali is getting harmed by structural hindrances to development, like a unimpressive investment scenario, poor infrastructure and insufficient skills, especially among young professionals. One of the biggest challenges is focussing on the issue of low qualifications of the workforce in the emerging labor market in Mali.

Paul Noumba um, Country Director at World Bank in Mali “Around 65 percent of Malians have no education and the average schooling among adults is 2.4 years. The status quo does not adequately address the needs of existing employers in the formal sector who complain of persistent difficulties in recruiting appropriately skilled workers. It also undermines the county’s potential for growth and economic diversification while hindering poverty reduction.”

The skills shortage has resulted due to the effects of growing demand for specialised professionals from different industries that are facing fast growth and rising job vacancies. Poor levels of worker productivity are weakening the economic conduct of the informal sector. The disparity between the number of workers looking for jobs and level of skills required by the growing labor market has been further aggravated after the last crisis.

Focusing On Higher Education

Higher education is also opposed with mismatch in the governance. Shortage in supply and poor  tools are symbolic of ineffective utilisation of resources. Most of the education budget is allotted to the additional teaching hours and students’ welfare. It is only by developing the financing system for higher education, these institutions can effectively apportion their own academic budgets and help in the improvement of teaching, learning and innovation.

Moreover, the higher education in Mali, like other parts of Africa, has poor performance standards in almost all schools and colleges. If we wish to better the management of colleges, universities and other institutes, we need to improve institutional autonomy with enhanced accountability. This will result in creation of conditions that will lead to alternative revenue sources.

What do you think? Feel free to share your opinions with us by commenting below. We would love to hear from you.

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Get An MBA To Earn More Money, Says FT Survey

Want to study an MBA to earn more money? Then it’s about time you start pursuing an MBA programme and give your career the required boost. There is no doubt that a business degree can improve your career prospects and your earning potential. As you will develop leadership and managerial skills, you will be able to earn higher salaries by working in leading global corporations. Let’s take a look….

MBA means higher pay

The Financial Times 2015 Global MBA rankings recently revealed that the salary increase for younger graduates in 3 years right after graduation is more profitable and better than their older peers in terms of percentage. The FT rankings were mainly based on the survey of the 2011 MBA class and evaluated the career advancement and salaries of these graduates.

Respondents, who were 24 years of age or below when they began their course, experienced a salary hike by almost $69,000 in 3 years after completing graduation. This was a nearly 145 per cent rise on their pre-MBA salary. Older graduates, who were 31 years of age or above, experienced a salary rise of $56,000, which was only a 70 per cent hike. However, the respondents falling in the middle age group, who were around 27-28 years of age while starting their full-time MBA programmes, had a salary hike of $67,000, which was almost double the amount they were earning before their MBA. In general, a similar pattern was observed across all sectors and industry in different nations, irrespective whether the MBA graduates were employed abroad or shifted to a new industry.

The data from the Financial Times survey also found that 75 per cent of the respondents were between 25 and 30 years old when they started their business education; while 21 per cent of them were aged 31 or above; and merely 4 per cent were 24 years old or younger. It was observed that overall almost 95 per cent of the MBA graduates claimed they had achieved their academic and professionals goals, whether it was earn more money or be a successful manager.

But is MBA a good idea?

So now you know that pursuing an MBA degree can certainly add value to your resume and enable you to earn higher salaries. But is a studying an MBA a financially feasible option? With rising tuition fees in most institutes, studying a traditional 2 year MBA will cost you about $97,000; while a 1 year degree will cost you around $80,000. The MBA scenario has now become so financially challenging that most students are now feeling compelled to take out a heavy student loan, which they end up paying till their retirement.

If you ask me, there is simply no point in investing such huge amounts in earning a traditional degree, when you can easily earn an accredited business degree in a more affordable and flexible way. How? The answer is simple…go for an online business diploma.

Go for online MBA

If you wish to acquire the necessary business, management and leadership skills, then an online postgraduate diploma in strategic management will be highly beneficial for you. Not only you will gain comprehensive knowledge on strategic and business management, but you will also be able to earn an recognised diploma in business.

As there is no need to physically attend scheduled lectures, you will be able to study anytime you want as per your convenience. Moreover, this will also allow you to work and gain relevant experience while you study. However, one of the main factors why more and more students worldwide are now opting for online business study is these courses are highly affordable. You can easily avoid student debt as online B-schools charge reasonable fees, unlike traditional schools.

Get your degree faster

However, if you still want to earn an MBA degree, then online learning can help you study business without investing excessive time and money. Pursuing a fast track MBA online programme will help you to advance to the final year of an MBA degree from an associated institute, which you can study either online or on campus. You will not only get a better understanding of about business management, but you will also be able to boost your career and advance to leadership roles in a short span of time.

So are you ready to advance your career and increase your salary? What do you think about online MBA? Share your opinions and views with us by commenting in the box below. We would love to hear from you.

Article source – on.ft.com/1Gin1WU

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Education in New Zealand gets an additional $687 million Boost

   

The Government of New Zealand has finally announced some contending news for the educational institutions of the country as well as for the special needs of the children. The Finance budget presented on 21 May,2015 in the Parliament by the honorable Finance Minister Mr. Hon Bill English grants $687million dollars for the next four years on Special Needs of children ,Early Childhood Education, building infrastructures for new schools along with the development of the existing ones, efficient working of the troubled payroll system Novopay and many others.

Out of the total estimated budget , a boost of $62.9 million over four years will be injected for special education for the children with special needs such as occupational therapy , speech language therapy to name a few and also provide an extra 500 students with Ongoing Resource Scheme (ORS) support.”In the case of students with special needs, a strong education increases the chance of them becoming more independent and better able to participate in and contribute to the community,” Education Minister Hekia Parata said.The Budget also take an initiative for spending for extra in-class teacher’s aide support, which is designed to help those students with special needs that don’t meet the requirements for ORS funding, for example, children with dyslexia, autism, ADHD and foetal alcohol spectrum disorder.

The Government of NZ allotted $53.3 millions for the next four years to work on a flawless and cost effective payroll system Novopay, thereby benefitting the teachers and additional teaching staffs .

The Budget also includes new capital expenditure of $244 million to build seven new schools and kura kaupapa, expand four existing schools and build another 241 classrooms at existing schools.

Early childhood Education receives $75 millions dollars . This would facilitate an increase in the rate of children going to school at an early stage and also spend comparatively more hours evolved in education.

As an initiative to support “Child Hardship Budget ” program, the budget has increased the allowance of the tertiary students by $25 a week. This is expected to benefit about 9000 families. Childcare assistance for low-income families will increase from $4 an hour to $5 an hour, affecting about 40,000 families.

More than $97 million over four years will be given to institutions to increase their intakes in science, agriculture, optometry, pharmacy and physiotherapy.

Currently institutions are allowed to put up student fees by a maximum of four per cent each year . The Budget of 2015 has even proposed the reduction of the next year annual maximum fee increment to 3 per cent, and would even be subjected to public consultation in June.

“This new funding, along with new funding for roll growth, will bring the total amount spent on school operational grants to $1.32 billion during 2015/16,” Parata said.

The power fact announcement for the development of infrastructure of schools and other institutions and also sustaining the growth of the underprivileged students seems to be quite a handful. Time will witness how much will this initiative will benefit the sectors in reality.

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5 Amazing Tips Every Student Must Know About Paying For A College Degree

                    

Although most people believe that higher education can bring you opportunities, confidence and hope, there are some pitfalls as well in the universe of higher education. Apart from deciding what school you wish to attend and which degree you want to pursue, you also need to consider the financial aspect as well. At present, the US has over $1 trillion in student debt and the fact remains that it can severely affect your career, your savings and your future.

With rising costs of education in most universities and college, it has now become imperative that you avoid student debt or at least keep it to a minimum. Here we are going to look at a few ways to minimise your student debt and yet earn the degree you want. Read on…

Consider the effects of debt

The first basic thing you need to do is talk about the negative effects of a student loan and how it can affect your earnings. In all probabilities, you will complete your graduation from your preferred institution with a heavy burden of debt. However, if you plan to avoid that then look around for other options. Research online about other colleges that offer the same programmes and fit your requirements. However, make your final decision depending on the tuition fees charged by the colleges. Be confident about choosing an institute that will help you minimize your debt load.

Apply for scholarships

It is important that you apply for as many grants and scholarships as you can. There are many websites which can help you with this. You must ensure that you ask the right questions regarding the financial assistance offered by your college and your particular academic department. You must also look for other scholarships or grants which they may offer or know about. You can secure a generous amount for your higher education by applying early on.

Start working

Getting a part-time job or an on-campus job can help you to earn some additional cash while you earn a degree. It can directly help in reducing the financial burden of your degree. Although studying in college can be very hectic, but if you manage take these additional obligations it can help you cut costs.

Save early for college degree

This one is primarily for the parents. If you want to send your kids to college, then it can be a great idea to start saving some amount in a monthly basis on the state sponsored plans. These savings plans also offer excellent tax benefits as well. However, if you do not spend the amount on higher education, you might need to pay a penalty of 10 per cent on your earnings. In this case, you may opt for saving in a retirement account that offers adequate flexibility.

Avoid private student loans

Let’s face it…private student loans are undoubtedly bad for you. The have variable interest rates which can rise significantly more than federal student loan rates. Moreover, the deferment and repayment rules are not much lenient, unlike federal loans.

The truth remains that costs are increasing and college can be really expensive. However, you can choose to avoid getting crippling student loans by following the tips mentioned above. Hope you have found these helpful.

Feel free to share your opinions and thoughts with us by commenting below. We would love to hear from you.

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Is A Career In Information Technology Good For You?

    

Are you wondering if an IT degree can help you build a lucrative career? Then you have surely come to the right place my friend. If you ask me, information technology is a great career field right now as the sector is expanding substantially on a global level. So if you are a student looking forward to start your career or professional planning for career development or a change of career, then this pursuing an IT and computing course can be a great idea for you. Take a look….

IT Is A Great Career Choice

The IT is one of the fastest growing and evolving industry and experts predict employment in this sector will increase significantly in the coming years. According to recent study by IBIS, IT and computing is set become the most significant utility in Australia. The report claims the industry will generate more than $1 trillion in revenue by 2050.

When you become a professional in this field, you will be able to showcase your leadership skills by making the most of opportunities and effectively facing challenges. You will also get to develop various other skills like communication, logical thinking, attention to detail, data manipulation etc. As you will be able use your skills in wide-ranging areas, you will be able to build a thriving and a satisfying career.

Why You Must Start A Career In IT

However, if you are still wary about an IT career, then here are 5 fabulous reasons for you to get started in this sector-

Great Money

The Australian Bureau of Statistics reveals that professionals who are employed in Information Media and Technologies sector earn around $1672 per week on average.

A Constantly Evolving Sector

The IT sector is changing rapidly and constantly as new technologies are developed, new innovations are introduced, systems are upgraded and programs are updated. If you easily get tired with routine work, then the IT industry is best for you.

Continuous Demand

Information technology is among the most rapidly evolving industries in the world. As new and advanced technology is being developed and implemented constantly to meet the rising demands of the users, you will always be in high demand as an IT professional.

Valued & Essential Skills

Earning an IT and computing diploma or degree will help you earn some specifics kills that will add significant value to your CV. As you will be able to perform specific tasks that others can’t, you will enjoy preference from employers and businesses. You will help companies find ideal solutions to their problems.

Varied Roles & Flexible Schedules

Having an IT career will provide you excellent flexibility and you will be able to work in various roles. IT professionals usually do not follow the nine and five routine and work according to the need of the company. You will be able to work in different roles like systems administrators, software developers, website developers, networking etc.

Get The Right Degree

Now that you know why you must pursue a career in the IT industry, it’s time you acquire the necessary skills and knowledge. Studying postgraduate IT course will help you learn about the fundamentals of the field, develop technical skills and understand how businesses use technology. However, pursuing a full time programme can be challenging for most aspirants as it requires a lot of time and money investment.

I believe the best option for you is to study an online diploma in information technology as these courses are highly affordable and flexible. Online IT programmes offer excellent flexibility and convenience so that both students and professionals have the opportunity to earn a qualification and advance their careers. You can easily choose to study while you work a full time job as there are no fixed or scheduled classes.

Build A Rewarding Career

Moreover, studying online advanced diploma courses in IT can open new avenues to career development as well. Currently, there is a growing demand for qualified IT professionals and with most employers accepting online degrees, you will get excellent job opportunities for leading IT firms worldwide.

What are you still thinking about? It’s time to get started and give your career the boost it deserves. If you want to add to the discussion then simply comment below.

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How Technology Is Impacting Education In Our Classrooms

  

Technology has effectively made its foray into education and is busy transforming classrooms and empowering learners. Hence, it’s not surprising that it has become a hot topic. Around $4 billion have been proposed by the Obama Administration in order to wire US schools. In the meantime, over $600 million in venture capital were invested in EdTech in 2014, which was a 32 per cent rise over 2013.

Adopting Technology In The Classroom

Educators have also gladly accepted and adopted technology, almost universally. A new study reveals that 96 per cent of educators believe that the use of technology is significantly impacting the classroom. Even though there is widespread acceptance and support from teachers, there are both critics and advocates regarding technology in the classroom.

Can EdTech Help Us?

One one side of the debate, there are supporters of of EdTech who believe technology is about to improve and transformed the education scenario, just like it has modified most other aspects of the economy. Education is bound to go through a technology revolution. Proponents of technology in education believe new innovations and efficiencies will be brought by private capital and the market to K-12 as well as post-secondary education systems. This will help in dealing with changing demographics and declining budgets. Adopting technology to improve education is a necessity for them.

Is EdTech A Distraction?

On the other hand, there are people who are less enthusiastic about what educational technology can do for students and teachers. The critic of EdTech believe that education is essentially a different type of establishment and market force cannot influence the sectors like other segments in the economy. They argue that energy we are spending in implementing EdTech shifts focus away from the real issues like limiting class sizes, investing in educators and talk about the huge socio-economic disparity. They consider supporting excellent teaching practices and investing in EdTech as opposing sides. Moreover, security and privacy has also become a serious concern to stop and at least re-think about adopting technology in our classrooms.

Focusing On Outcomes

However, the main point which is missing from this discussion is education outcomes, which is perhaps the most important objective in public education. It does not matter whether we focus on social mobility for boosting economic competitiveness; improving infrastructure; helping gifted and special needs students; or reducing the achievement gap, the most important factor to analyse the importance of technology in education is the academic outcome and achievement of our students.

We need to understand that technology is not a magic pill, it only helps us in boosting outcomes. Recognising the correct role for EdTech is not the job of the private sector alone. We must keep aside perception and politics and focus on motivating our educators to collaborate with entrepreneurs to improve teaching and learning. Teachers can actually help EdTech innovators and entrepreneurs to better understand the needs of education and develop suitable tools and solutions.

The Bottom Line

We are in urgent need of district leaders and educators who will take the initiative to experiment with different EdTech tools and test solutions. We also need investors and developers to take responsibility and be accountable for the impact of technology in education.

As the wheels are in motions and new collaborations are taking place, it seems there is some good news. We must me encouraged by the potential of EdTech and look forward to the desired impact of technology on our educators and learners.

What do you think? Feel free to share your own opinions and thoughts with us and add to the discussion.

Article source – onforb.es/1L4HsUR

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7 Takeaways From Google’s Education On Air Conference

Google is determined to improve education through it’s educational products and this motivated the online search giant a global web conference recently. The international web conference, known as “Education on Air” was held on 8th and 9th May this year, where around 43,000 educators from over 12 countries participated.

Google’s Education On Air

The web conference was aired in more than 185 nations that were registered with Google. One of the prime goals of the event was that Google wanted to make sure that educators and students use their app and devices the proper way and to convey that these can help schools to accomplish academic objectives.

Researchers, school administrators and students led sessions during the conference and the topics ranged from the ways of visualising data with My Maps to improving the writing process with Google Docs. All of the topics during the sessions were recommended by educators. Jaime Casap, Chief Education Evangelist at Google, said the goal of the event was to encourage teachers to see EdTech as a means to an end. He said “Google would be involved education whether we liked it or not. Part of our mission now is to do our best to make sure our tools are being utilized in the best way possible.”

Key Highlights

Here are a few highlights of the global web conference on technology in the classroom

1. The event was started by a representative from The EIU (Economist Intelligence Unit) revealing the findings of a recent worldwide education survey. Zoe Tabary, EIU editor, said that the 3 most desirable 21st-century skills in the present global market are:

Communication                            –Teamwork                              –Problem Solving

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2. Jamie Casap, Google’s Global Education Evangelist, said that technology should not be considered as a silver bullet for education. However, teachers can effectively use the power of technology to enhance teaching and learning. He said “Technology is an enabling and supporting capability. Our job as technologists is to make that technology easy to use, invisible, manageable and scalable.”

3. It was found by the EIU survey that only 28 per cent of students between 11 and 17 years of age claim their schools are effective at online lessons.

4. LeVar Burton focused on the importance of literacy and the advances made by his project, “Reading Rainbow,” in the sphere of digital media. He said “If you want to reach kids today, you need to be in the digital realm.”

5. Michael Fullan talked about 3 essential steps to re-engage education-

  • Create change leaders
  • Stop boring students
  • Bring about change from the middle

6. Senior vice president of people operations at Google, Laszlo Bock, discussed about the 4 lessons for developing successful academic organisations. He said “Failure isn’t actually failure. It’s the single biggest learning opportunity our students have.”

7. Educator and film producer, David Puttnam, provided data that highlight the increasing gap between the perception of successful student preparation in academic institutes and in the job market.

Although the Education on Air conference is over for now, you can watch over one hundred recorded sessions online, segmented into 4 intended audiences (public, IT, administrators and educators).

What do you think about Google’s global web conference on education technology? Add to the discussion by commenting below.

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How You Can Boost Your IT Career With A Computing Degree

Wondering whether you should study an IT and Computing degree? Well, I am here to clear your confusion and help you understand why a degree in IT is great for your career. It doesn’t matter if you are a student looking to start your career or a professional planning for a career change, pursuing a computing programme will enable you to build a lucrative career in this fast evolving sector.

Build your IT career

In this present era, information technology has completely revolutionized the various aspects of business, education, society and even our lives. I believe this is undoubtedly the best time to start a career in the IT industry as experts predict that jobs in the sector will keep growing in the coming future. Moreover the volume of undergraduate IT and Computing degrees awarded to graduates has also boosted by almost 20 per cent this year. A similar growth has been observed in the last 5 years as a result of the growing utilisation of latest technology in the workplace. As industry experts predict continuous growth, employers are now looking for more employees with computational and IT skills who will lead the business towards success.

 

Here I have listed some of the most important reasons why you need to pursue a degree and career in information technology-

Learn how to code and build products

Nowadays, information and computer technology has become omnipresent. It is prevalent in every aspect of our lives. By learning about computing, you will understand how different products are built and coded.

Be a problem solver & logical thinker

IT and computing necessitates you to develop a wide array of skills that will help you to solve daily problems through your knowledge and innovation. As become an expert problem solver, you will get various career opportunities available for IT graduates.

IT is a lucrative career

At present, UK has more IT jobs than trained professionals to fill these vacancies. As most businesses are now unable to operate effectively without the use computer systems and the internet, you will get excellent job opportunities with high salaries.

Excellent future opportunities

Industry experts predict that with further advancements in information technology, the demand for trained IT professionals with expand in the future and more businesses will need use the latest technological tools to drive their business forward. This will not only make your career more exciting, but will offer you personal satisfaction as well.

Get an IT degree

Now that you know that an IT jobs can certainly be profitable for you in the years to come, you must be wondering how to get started. This is where an IT and computing degree comes in. Earning an IT degree can help you get mission-critical and lucrative jobs in various fields. But the fact remains that pursuing a traditional computing degree programme will cost you excessive time and money. For me, it simply doesn’t make sense to take out a huge student loan to study a college degree in IT. So what should you do? The answer is simple and effective…get an online computing diploma.

Make the smarter decision

As online IT courses are highly affordable, you can avoid taking crippling student loans and still earn an accredited online IT degree. Furthermore, as these courses offer high levels of convenience and flexibility, you will be able to work and study simultaneously. This will open up excellent career opportunities for you right after you complete your graduation.

With growing demand for online diploma in computer, more and more globally-reputed companies are now recognising and accepting online IT qualifications. Hence, you will get the best employment opportunities in the multinational companies and leading IT firms across various sectors.

How are you planning to start your IT career? Let us know what you think by sharing your views below. We would love to hear from you.

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Technology making our student more of a 21st century learner

Business-minded adults, appropriate for learner-centric self-directed mostly autodidactic online courses, will soon be able to complete their valuable MBA course without paying a penny. And that is also, without the hazard of going through normative assignment submission and childish things of that sort. Below will be the story given of how mature students will be doing their study in this ‘Wi-Fi age’ of 21st century.

iMBA

Soon the iMBA programme (free online MBA programme) will be launched by the University of Illinois, which has been approved at Urbana Champaign’s College of Business, Monday (4th May, 2015) evening.

First, there was traditional classroom MBA of two years. Then, came the online MBA which could be extended in its period of completion, learning in one’s own pace. Now, Illinois University is taking it to a new level by offering MBA, which has the recognition of a course like any other regular paid course of any university, absolutely free of cost.

The education platform Coursera will be used for this purpose. In the coming months, the university will be giving the details (syllabi, modules, schedules of sessions on particular chapters etc.) of courses under the umbrella term of MBA, all online, free of cost, so that students could decide which courses to take up.

“It’s a completely innovative way of aggregating credentials, which really allows people to consume what they want, when they want it,” says Daphne Koller, president of Coursera. “If you want to learn digital marketing, you can sign up for that specialization; if you want to learn about business negotiation, you can do that; and if you want the full MBA, you’re on the path for that as well.” As said, students need not require to take up the entire course, as they can take selected courses from the big chunk of all courses under the umbrella term of MBA, to fit their profile and position they are applying for.

Insignificant twist in the tail

Like most ostensibly free things, there is a twist in the tail, in obtaining the degree. Though the certificate is representative of the degree and all the supportive online classes will be there, to get an ‘actual’ ‘admission’ in the iMBA programme, in ‘full’ as a whole, one will have to pay $20,000 as tuition fee which is still very low low compared to what is charged by established business schools.

Courses like iMBA will soon be all over, marking the standard cheap cost-effective way of mature learning of a typical 21st century learner.

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Free higher education becoming a thing of the past

Philosophy of education

Education in general is supposed to remove the differences that is born out of the accident of birth. The preference for education is at the top of the agenda in all or most of the countries in the civilized world. Education (formal degrees) is a common way people use to judge an individual’s character, for evaluation. Education, without even knowing what’s actually there inside in the mind, gives a presentability, an appearance .. identity in society. A common marker that makes one equal with others or at least, brings one in a recognised, standard classification system to be part of society .. saving one from being an outcast, a social pariah. No matter how much prescriptive, stereotypical and indoctrinating education might be, making one a loyal conformist of social conventionalities and idiosyncrasies, it’s the orthodox way of being a part of mass, the group nonetheless.

Education and cost of it

Due to the huge importance of education in incorporating the backward and marginalised classes into the mainstream civilized world, it was always at the top of the list of things to be made costfree by the state (political establishment) and goverments throughout the world used to follow the demagogic principle, no matter how much populist it might sound. But, as more and more students are pouring in and populating the system, the ‘ideal’ of keeping education completely costfree from top-to-bottom is increasingly becoming hard to implement. And, as any government would hardly dare to impose burden on primary education which is the most basic and rudimentary step towards being educated, the first effect of making education a paid venture can be seen in the univesities. Both in the West and in the third world coutries, this trend can be seen to enter the arena of education industry, increasingly.

Increasing privatization in education

As private parties are entering education industry, not everything is remaining government-sponsored and subsidised anymore. As the goverment is battling to meet the need to educate all, the shared responsibility in turn bringing private players who are accelerating the process of making education paid, as they have an eye towards profit as well.

The target group of paid universities

As the popular public opinion is in favour of taxing the rich people (e.g., corporate businessmen) more to take the social responsibility of uplifting and providing basic amenities to the poorer classes as charity, in case of education as well, making university education paid for those who can afford is the concept to be explored. If education is to be made paid, then their must be some ‘quota’ or similar thing, to screen those who are eligible for the same.

Remedies of the problem

In the UK, where free education (including higher education) has always been a mark of cultural sensitivity, in nation building and making of a new intellectual elite of new generation; making education paid even in the highest level of university, has inescapably been the heralding usherer of heated debate in the political field. Already after the decline of popularity of Nick Clegg of the Liberal Democrats, for tripling the admission fee in universities, the probable resulting abolition of the tuition fees altogether after the possible re-election of conservatives into political power, seems to be the the buzz in the pundit-circle. Fees that were 1000 pounds in the year 1998, became 9000 in the year 2012, being 3000 pounds in the year 2006, in the middle. Online education can provide a good solution to the problem, as theoretical classes can be efficiently replaced by online sessions with online version of the textbook as the standard point of reference for study. Practical laboratory work apart, theoretical knowledge can be transferred just as effectively as the conventional mode of classroom education, through online mode as well. Promotion of online courses in giving away degree (certificate) and knowledge can help in keeping both sides in the debate moderately satisfied.

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