Why Private Schools Are More of a Business Than a Learning
By Space Coast Daily // December 18, 2020
Education is an essential part of human development. Learning provides students with the opportunity to know more about the world around them and gives them the tools to develop their own points of view on various topics worldwide.
For this reason, governments from all over the world funnel resources to public learning institutions to create conducive learning. It’s often not easy for most students to differentiate between public and private learning institutions at face value.
However, once you view the amount of tuition required for both public and private schools, you will realize the cost of private education is much higher. The total cost of tuition is sometimes double that of public institutions.
This difference in the fees required to enroll in these two types of learning institutions is primarily because the government either partially or fully funds most public schools.
However, there is another reason why it would cost significantly more to enroll in a private learning institution. Most private learning institutions are run as businesses, whereby students are expected to part with large amounts of money in exchange for higher standards of learning.
This is evident in a private learning institution whereby the services offered are designed to maximize their profit margin, similar to any other business.
Private learning institutions often ask for higher tuition fees, mainly due to the poor learning conditions in public schools. A lot of public schools are struggling to source learning materials as a result of limited government funding.
As such, there is an increased demand for high-quality education. As an entrepreneur, it’s easy to identify a gap in the market and capitalize on it. Inevitably according to the rules of supply and demand, the demand for quality education offered by public learning institutions also raises tuition costs.
Reasons Private Learning Institutions Are Considered Businesses
Private institutions are in constant competition with each other. They will stop at nothing to outdo other private schools, including unique learning opportunities for students at an added financial burden. This is primarily the main reason why private learning institutions are often beyond the reach of most students.
However, despite these exorbitant prices, there is often little to show in terms of academic progression. Also, students often rely on writing services where they can buy essay for most of their assignments. Below are some of the common reasons why private schools are more of a business than a learning institution. They include:
■ Competition between learning institutions
Like most businesses, there is a competition between private learning institutions to enroll as many students. This completion will often involve marketing and advertisement campaigns to ensure students know about the services they offer.
■ Offers incentives to convince potential clients
Businesses often offer potential clients various incentives, i.e., discounts, loyalty points, etc., to maximize sales. This is similar to the tactics employed by private learning institutions whereby they offer a wide range of recreational facilities, a more comprehensive selection of academic programs, access to skilled teachers, etc., to ensure they can enroll as many students as possible.
- Exchange of money for quality services
To enroll in a private school, you have to pay tuition. This amount is often calculated concerning previous student performance and the services offered. This is similar to a basic business model that provides goods and services for money.
■ Growth of the private school sector
Many people (entrepreneurs) are often willing to invest in a business opportunity when there is the promise of making a profit. This is evident with the increase of privately owned learning institutions worldwide.
These are just some of the similarities that private schools have in common with businesses. Therefore, it is safe t say that in today’s world, the privatization of the education sector education is more of a business than a venture geared towards students’ academic development.
Therefore, when enrolling into a school, such as higher learning institutions, you should into their track record for the past couple of years.
Besides, you can have a look at the learning facilities it offers. For instance, you can focus on the classrooms’ size, availability of adequate resources, medical preparedness, among many other characteristics of a conducive learning environment.
This should be the case when you intend to enroll in any learning institution, regardless of whether you can afford the tuition. In the long run, doing some background research will save you the hassle of searching for another learning institution halfway through your course.