Cost of education is always on the rise world over. Though several reasons are attributed to it, private participation in developing education infrastructure is said to be the most important reason.

How far is this true in your place?
What are the major ill effects of rising cost of education?

World over cost of living in general is rising, so is the cost of education. When it comes to my place, the story is not different either. It is private participation that keeps the cost rising. Obviously, this situation causes some ill effects.

Today, education infrastructure in this part of the world is governed more by private institutions than by government run ones. When government-run institutions charge much less fees, private institutions collect exorbitant fees. For example; in our place, almost all premier academic and training institutions charge in millions when it comes to medical and engineering seats. Needless to say, this trend is catching up much faster in our place than anywhere else, because parents of modern nuclear families are ready to pay fortunes for their children’s. For most of them, educating their children is a kind of investment.

If we look at the ill effects of the rising cost of education, the foremost one is that it deprives the majority of quality education. This leads to great human resource loss. Because, there are brilliant brains among the poor, but their service may not benefit the nation. Secondly, it creates divisions in the society like rich poor divide, digital divide and employable and non-employable etc. Thirdly, the interested and deserving ones among the poor end up nowhere, and such disappointed populace will cause disharmony in society. Finally it is right to add that rising cost of education weaken the nation.

To conclude it, right education is the right of all. Unfortunately, private participation in education is putting some hardships to people. In order to ensure uniform education and thereby rectify the ill effects of rising costs, there should be enough government participation.

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