The cost of tertiary education varies across the world. With many expenses to cover including room and board, basic utilities and salaries for professors, how should these operating costs be funded? This debate revolves around equity, socio-economic factors, and the role of tertiary education in society.
The government should fund tertiary education to the point where it becomes tuition-free.
Some public tertiary education systems have accounts with as much as $30.9 billion that are seldom used.
The equity of no-cost education
For some, the cost of tertiary education is a barrier to entry that can be removed through increased funding.
The government should help make tertiary education affordable to all, but not free.
Splitting the responsibility of paying back student loans between institutions and students may help regulate the cost of public tertiary education, keeping it affordable to all.
The sustainability of affordable education
Subsidizing education would help alleviate economic barriers without exhausting government funds.
The student loan incentive
Student loans benefit society in the long run by incentivising graduates.
This page was last edited on Thursday, 16 Apr 2020 at 05:03 UTC