Archive for the ‘Educational System Today’ category

Education Loans: Fulfill Your Educational Dreams

January 17th, 2010

Education is an important factor that helps us to shape our career. For anyone to have a bright future education is very important. It helps in over all development of an individual who can serve his needs and requirement in a better way. If you are well educated then you can be employed easily and earn your livelihood. But quality education may not be possible for everyone as they might not be financially sound enough to support their needs. In such case you can easily depend on education loans and fulfill your educational needs conveniently.Education loans can be obtained in secured and unsecured forms easily. If you can promise your valuable asst like car, property and valuable documents as security then you can apply for secured education loans. However if you can not pledge or don’t have anything to pledge then you can apply for unsecured education loans.The loan amount of education loans depends on the course that you want to pursue. You can borrow anything according to your course fee. The repayment of these loans is convenient as you can start the repayment after completion of your course. Sometimes you are allowed a break of 6-9 months so that you can search a job meanwhile.Education loans carry lower interest rates so that students can repay the loan easily after the course completion. You can join professional course, go for graduate and post graduate courses as per your requirements.If you are suffering from bad credit records like CCJs, IVA, arrears, defaults, missed payments and bankruptcy then also you can apply for education loans. Now bad credit holders need not feel disappointed.Now the application has been made much easier as you can apply for education loans online. Online processing is faster and free from formalities. You can also fetch a lucrative deal by comparing various loan quotes.

Johns Tiel is presently working with Chance For Loans to provide useful suggestions. You can access information regarding loans. To find education loans, debt consolidation loans, debtconsolidation loan, cheap rates, personal loans that best suits your needs visit http://www.chanceforloans.co.uk/
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Youth’s Education Compromised

January 17th, 2010

Since the early 60’s, our educational system for our children has been slowly eroding.  Our government has been notorious for promising better education, not one child left behind and yet in 2009 many college students and high school graduates are unable to pursue a higher education due to the horrific increase in cost. 

High school graduates are faced with several complex problems and at this time no relief is in sight.  Job availability this summer for this age group is a farce – the few jobs available are being snatched by the middle class who is in a survival mode trying just trying to exist.  

The  American dream of getting a college education for many is just a dream; colleges throughout the Nation have raised tuition fees once again and of course the economy is getting all of the blame. 

Possibly colleges have become strictly bottom line institutions and like many corporations those in charge can’t budget or utilize their monies in a responsible manner.   

High school drops appear to be increasing at a rapid rate, not because our children are stupid but these children are pretty logical in their decision.   College education for them would only come via a very expensive loan and even if they received a diploma that still wouldn’t  guarantee employment in their chosen field. 

After talking with several of these students, I realized they have analyzed the employment playing field for young people their age; regardless of education there’s a good chance that they’ll be flipping burgers and pancakes.  Our youth refuse to buy into the “what if” or “maybe” promises of what a college education will do for them.  

Our dropouts are aware that during the difficult economic times, there is a huge increase in the unskilled labor market.  Some of these jobs do pay well and our youth have decided to dominate the unskilled markets. 

So when and how did Americans allow their children’s education to be compromised?  There are more than a few factors that have contributed to the rapid decline or our educational system.  Here are but a few contributing factors.

The new child psychology started back in the good old days with Dr. Spock and friends – parents were criticized, made fun of and bashed for being the heads of the household. 

Over time the children became the dominant figures in the household and the parent/child relationship was weakened.  Discipline, guidelines and responsibility were relegated to the ancient history shelf. 

At the same time, “they” and I use this similar to Glenn Beck when referring to groups of people who worked 24/7 to change our educational standards.  Parents turned into their child’s best friends and along with that new role, discipline, respect and student responsibility evaporated little by little from the schools. 

Schools, teachers, superintendants were put in the line of fire via lawsuits and the media crap.  We stripped our school system down to nothing but a few pieces of scraps.  

Teachers are expected to raise our children, but lord forbid if they discipline Johnny or Susie!   Why did we decide it was the teacher’s job to mentor, counsel, comfort and raise our children?  Where is it written that our children should be in charge?

So we’re faced with an educational system where the children rule, make out on the campus, wear clothes that don’t cover bosom, crotches or butt cracks because parents have relinquished their “God” given rights. 

Morality is no longer dominant on our horizon.  The bottom line remains the same, “Our children need us – not the gifts and material junk we extend to them. 

Why are we allowing our school curriculum to slip below the norm of many other countries world-wide?  Frankly, I believe our curriculum has taken a beating in order to appease a very few – words removed, paragraphs eliminated and many books removed from the shelves just because of a small group of misinformed people.  “They” have peddled, meddled and taken control of our children’s education. 

Our Nation’s education should always be a priority for it is the backbone of our country!  America can’t raise their hands on educational excellence anymore –other countries are leaving us in the dust.  This isn’t acceptable and hopefully parents will return to a few basics.

Fathers and mothers can return to their homes as head of the household, mentors to their children.  Know where your child is, who she or he is hanging out with, restore order to your homes.  The child is a member of the household who needs guidelines, rules and structure.  

It’s unfair to ask teachers to take over parental tasks – you are the parents and if you can’t assume that awesome responsibility therein is the problem.  

Teaching should be one of the highest paying professions in our United States – along with higher pay; discipline should be restored to our educational structure.  Curriculum needs a heavy overhaul at the same time …

Over the years, we have seen a few bad teachers, just like bad cops or bad parents, but the majority remain good moral people so we can’t let the liberal news media turn our heads.  Quit babying your children; give them the tools needed to become young responsible adults with high self esteem and many beautiful dreams in their hip pocket. 

May God Bless America and help all citizens return our Nation to a strong foundation.  As Always, Annie

Higher Education in the United States: An Overview

January 17th, 2010

Higher education in the United States stands for every type of formal education after the secondary level. Though the expression “college” is frequently applied to denote any institute offering higher education, a college is basically a 4 year undergraduate school that confers bachelor’s degrees. A college might or might not be a branch of a university that is made up of undergraduate college, as well as one or more graduate schools. Graduate schools are parts of universities that confer a broad range of degrees at the postgraduate and doctoral levels.The United States Department of Education supervises the entire higher educational system of the country. It was established in 1980.There is no countrywide university system in the United States. Nevertheless, there are numerous public and private institutions with distinct academic rules and regulations, departmental composition, calendars as well as course programs. National and regional organizations set up benchmarks for higher education and recognize schools which fulfill those benchmarks.In the United States, higher education is provided by various business schools, law schools, engineering schools, criminal justice schools, educational schools and medical schools. Getting an opportunity to study in the U.S. is really attractive for the following reasons:1) Choice of subjects2) Quality of education3) Value for money4) Flexibility in selection of course programs Graduate Degree Programs:In the U.S., graduate degree programs typically adopt a broad-based pattern. Postgraduate programs focus on a specific field of study. Doctoral programs usually span two years. Every postgraduate and doctoral program is all-inclusive in nature and needs a lot of preparation for a substantial time period. The eligibility criteria are also made quite stringent in order to check the student’s understanding of the subject. Master’s degree programs can be categorized into thesis and non-thesis programs whereas a dissertation is mandatory for doctoral programs.Coordinating Departments of the Government:Following are names of some of the important government coordination departments dealing with higher education in the United States:

Names of Prominent Universities in the United States:Following are names of some of the well-known universities in the United States:

This is John Smith. I have been working as a contributing author on various topics like arts and culture, technology, business and finance, higher education, entertainment, Internet, sports and leisure for about two years.
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Character Education, most important form of education

January 16th, 2010

Character Education is more important today than ever. We live in a society that has not been taught basic moral values. The value of life and property, the value of respect and honesty. We constantly see in the news that character is set aside for the feeling of the moment. Anger, jealousy, hatred, and selfishness are instead placed centre stage and acted upon. The time has come to bring character to the forefront again and raise the moral values we have as a society, and as individuals.

It is never too late to start teaching character. No matter what the circumstances, or who is involved, everyone can benefit from character education. Both Children and adults will see positive changes in their lives when this character education program is followed. With it, we have a functioning society of self-controlled, respectful individuals, who think before they act and consider the consequences of their actions before deciding what direction those actions will take. They then make the right positive choices.

It is time to get out of our self centred world and open our eyes to the horrible suffering of the children and the people world wide. We often hear the phrase “do it for the children” and “the children are our future” yet the children are being sacrificed by the thousands and by the millions. History repeats itself over and over. All our leaders have done is talk and ask for more money that drains away into useless programs that do nothing but coat the pockets of the fat cats!

Why it is that mankind’s history has been a history of violence and bloodshed, misery and worldwide poverty caused by WAR?

We have been taught throughout our lives that “practice makes perfect” and that “what you put into it is what you get out of it”. We were taught that by rehearsing our letters and practicing our reading we would comprehend and excel at the written word. We were taught that by rehearsing our numbers and practicing our math we would learn to count and conduct business. We were taught that by learning the concepts of physical prowess, then rehearsing and practicing, we would excel among our sports-enthused team-mates.

Ask yourself why it is that the very first things we should have been taught were never taught and rehearsed to us. We do not consistently rehearse and methodically teach our children how to interact with each other and society. Yes, Character Education is LEAST in the minds of the world and LEAST in importance when it should be taught first and foremost above all.

Educational systems today are focused on raising standards of academic achievement. However, as we consider the world in which we live, we understand the importance of helping students to learn much more than the subjects they study. Appropriate environments, activities, the arts, and service projects can help students to learn responsibility, compassion, integrity, civility, leadership and cooperation.

Unlike other character education programs, Radio training has been created by classroom educators that know how to maximize the use of time and make lessons both effective and memorable. The Radio character education program is a simple way to impact an entire campus with very little time investment. Achiever Radio is a wonderful stand alone character program – and makes the perfect supplement to any other character education programs being used on a campus. It has been so much fun watching

Radio training programs are very simple to use, time friendly, well put together, makes the kids laugh, and amazingly grabs student attention across all the elementary grade levels. The nice thing is that the program’s extreme ease of use makes it painless to get much needed school wide teacher support. Plus, Achiever Radio fits nicely into the other character education programs we use on campus. The kids and teachers love it

There is no better way to reach your own campus than using your PA system! With a single push of the “play” button, you can impact your entire building with a unique and powerful character education program. Needing only 8 minutes each week to implement, you can now easily maximize your school wide reach while being able to minimize the amount of time invested. Designed by a team of educators, the Achiever PA system format has been proven over and over to be a fun, simple to implement, low cost, and effective tool for developing listening skills and creating behavioral change in K-6 students.

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He has a business of <a href="http://www.iamgoingtocollege.com/character_education/index.htm” rel=”nofollow”>Character Education Programs and adeptly use different training medias because his main concern is to realize that why character education is important than other forms of education. If you want to have some info rmation about character education then please follow this link.
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How to get financial aid for your online education?

January 16th, 2010

Time has changed and over the years education is no more restricted to pen, paper, classrooms, blackboards etc. Today when time is deemed to be more crucial than money and people in even in remote corners of the world crave to acquire education and its benefits, online education has definitely come up as a desired boon.

Online education is education via the medium of Internet that can be gained synchronously or asynchronously. At present online education is far superior from the conventional mode of learning (i.e. going to universities, attending classes and so forth) in many ways. Online education is not just a means to make judicious use of time but it is also acquiring the best possible degree in academics anytime anywhere.

Though merits of online education outweigh the classroom education in many respects, its greatest drawback is its cost. Online education is significantly expensive in comparison to usual university education. This is precisely the reason that every individual cannot dream of getting an online degree.

But with a surge in enticement for online education some universities imparting it have devised several ways to financially assist the aspirants. The foremost and ideal step in this direction is education loans and giving scholarships.

Whereas loan or arranging finance for online education is concerned the foremost step is to fill up your FASFA i.e. Free Application for Federal Student Aid. The FASFA is an application published by the Department of Education. This application gives the aspirant an idea of the kind of funding he or she is eligible for. Once the application form is properly filled and sent, wait for the confirmation. Usually receiving a confirmation letter is a matter of one or two days. The confirmation letter will brief you about the kind and number of programs you meant for you. This process is quite simple and easy to follow.

After acquiring the confirmation letter, contact the Financial Aid office of the desired college/s. The financial aid officer there will explain you the various types of financial aid packages available that vary from work-study programs to government aid. He will lend you the requisite forms for different colleges. Finally it is at your discretion which college to opt for though the officer will definitely guide you in your selection.

Once the loan application is completed, it will be sent to the school for the process of verification and processing. Usually banks do not fund the students directly but via the concerned institution. The bank sends the money at the commencement of the session.
This is helpful to both the student and the institution.

Apart from loans there are scholarship programs such as the Hope Scholarship Tax Credit that offers a maximum 100% on the first $1000 and 50% on the second $1000 spent for educational purposes. Similarly the Lifetime Learning Tax Credit, the Higher Education Tuition and Fees Deduction are other means to save money on your online educational expenses.

Mansi gupta recommends that you visit http://www.onlineuniversitylowdown.com/financial_aid/index.html for more information on online education financial aid.
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Why Getting A Driver Education Is So Important?

January 15th, 2010

Every teenager dream of getting their license and driving their friends around town. You want to make sure that your child will have the proper training. Driver education courses are offered at almost every high school in the United States. These courses are designed to teach each student the correct way to drive and what the laws of their state are.

Drivers education programs are required by law teach teenagers how to drive. These courses give the new driver the needed tools to understand the rules of the road. A driver must understand what the rules are in order to drive safely.

Driver education is not teaching the child to turn the car on. There are many different aspects to driving the need to be taught. Driving education courses teach the driver judgment, common sense and defensive driving.

Driver education courses teach our children important factors about driving in all sorts of different weather. Winter and rainy weather are dangerous for even the most seasoned driver; a first time driver needs to be prepared. Driver courses can also teach a student how to avoid getting in accidents and how to drive in congested areas.

Driver education classes cover all aspects of driving from parking on a hill to deer crossing safety. These are all things that the driver needs to know. The instructor will also pass out driver manuals for the student to study when he or she is not in class. Since the inception of driver education classes in schools, the number of accidents involving teenage driving has been drastically reduced.

The law for student driver vary from state to state that driving courses must obey.

The most common rule that is in effect in almost every state is the 30:6 training method. It is very simple, 30 hours of classroom time learning the rules and laws, and 6 hours of driving time. Most of the time, the driving instructor will require more additional driving time.

Although teenagers look forward to drivers ed, when they are actually in the class, they find it very stressful. Some teenager will wait until they turn the legal age in their state to bypass having to take the classes. However, this is not recommended because the classroom time is needed to really understand the concept of driving.

Driver Education Programs

There are different types of driver education programs. Each driver education program was developed to ease you into different facets of driving.

The primary courses focus on obtaining a learners permit and taking the drivers test to get your license. You can also sign up for defensive driving courses, which is crucial for a teenager because it teaches them safe driving habits. This course is only available in classroom courses.

Another type of driver education course teaches the correct way to drive larger motor vehicles such as school buses and trucks. A special license called a CDL is needed to operate these types of vehicles.

Motorcycles also require a special license and educational classes are offered in every state.

For those brave parents who choose to teach their teenagers how to drive, there is Driver Ed in a box. These boxes contain instruction for parents on how to teach their teenager how to drive safely. The tools in this box teach safe driving habits through a series of seventeen videos, audiotapes, a student workbook, textbook and a parent companion and even training mirrors.

Online Education

There are two different aspects to teaching drivers education. The first part is to learn the rules of the road including safe driving habits. This is done through reading textbooks and taking written tests. The second part is to actually get out on the road and drive. Both of these are equally critical to know.

The first part of the training is where you get most of your knowledge. It is important that you understand it completely before you start your road training. In the past, if a student driver did not understand or it took longer for them to pass their tests, the student would end up repeating the course.

Today, there are online drivers educational courses that assist the student on learning these crucial lessons. This option is sought after because the student may have a lot of study or has to work. They can study at their own pace, and on their own time.

There are a number of different driver educational courses available today. They allow you to learn at your own pace, ensuring that when you take the test; you will pass and become a safe driver. However it is critical that you make sure that the driver educational classes that you take are DMV (department of motor vehicle) approved.

Summary:

In most states, the law requires that a teenager complete drivers ed in order to obtain their license. This will almost always include classroom time and road time. For parents who choose to teach their teenagers how to drive, there are special tools available to assist them in promoting safe driving habits.

Education Personal Loans for Students Bad Credit – Key to Pay for Higher Education

January 14th, 2010

 

Have you got any dream of achieving higher education? Do you have adequate funds to meet the high costs of education? If not, you do not have to worry because there is an answer for this question. Education personal loans for students bad credit are specially configured for the purpose of eradicating high costs of higher education. By the help of these loans, students can exterminate such expenses as pay examination or college fee, hostel charges, laundry bills, travel expenses, purchasing books, and computer. Computer plays important role in modern education, so it is extremely necessitated for all students.

 

These loans are not only supportive for the provincial or national students but also these are helpful for those students who covet to achieve international education. Education personal loans for students bad credit can be availed in two types of financial aid secured and unsecured forms. Availing the best amount for the purpose of abroad education you can apply for secured education personal loans for students bad credit but for these loans you need to pledge assets as collateral and you can get the amount in accordance with your education outlays. These loans can be repaid after achieving your education or after getting job. In matter of interest rates these loans carry comparatively low.

 

If you do not have any collateral to place against the loan amount then you can pursue higher education in renowned college. You can apply for unsecured education personal loans for students bad credit that offer the amount ranging from £1,000 to £25,000 without taking any security as collateral. These loans can be repaid within 6 months to 10 years or completion your education. But the rate of interest is marginally higher in unsecured ones. Lenders charge this rate of interest to cover their risk factor.

 

Students who are suffering from such conditions as defaults, CCJs, IVA, arrears or insolvency etc and do not have any option to come out of such situations, furthermore to achieve education. They can apply for education personal loans for students bad credit and get the sum of amount according to their education costs. By the help of these loans they can pursue study in classes of UG or PG without any restriction or hassles. By repaying amount timely they can improve their bad credit history.

 

Alec Jordan is a successful writer about finance. Currently he is writing about personalloans4unemployed.Co .uk and many other types of loans. For more information about Personal Loans for Unemployed, Education Personal Loans for Students Bad Credit, Unsecured personal loans for unemployed, visit http://www.personalloans4unemployed.co.uk.
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Encouraging the Recruitment of Teachers into Initial Teacher Education in the Cayman Islands: A Synergy of Local and International Research

January 14th, 2010

Paper presented at the official launch and mini-conference of the Journal of the University College of the Cayman Islands. (JUCCI) Thursday October 16th 2008

Good evening ladies and gentlemen. 

The need to recruit teachers into Initial Teacher Education and Training (ITET) is a worldwide occurrence. However, for the Caribbean region, the challenge is made worse when looked at in light of the fact that trained Caribbean teachers are being recruited to serve in other countries and regions.

Mike Baker, the British Broadcasting Cooperation’s (BBC) education correspondent in his 2002 article entitled United Kingdom ‘poaching’ Jamaican teachers, pointed out that between 2001 and 2002 six hundred teachers (600) left the island to work abroad, mostly in the United States and  the United Kingdom. During that same period, the United Kingdom government issued six thousands (6,000) work permits to teachers from outside the European Community.

The global demands for teachers including those from the Caribbean, offers the region both a challenge and an opportunity. A challenge in that new teachers need to be attracted, recruited, educated and trained and an opportunity, in that, trained teachers who seek economic independence can achieve it by practicing their craft in an economically buoyant community.

While there are many strategies for encouraging the recruitment of persons into ITET, given the social, cultural, political and educational context of each Caribbean state and, in particular the Cayman Islands, it is not easy to discern what will and will not work. Therefore, the contribution of the paper I have written and published in the Journal of the University College of the Cayman Island, is an analysis of relevant recommendations resulting from research, which sought to address the problems of teacher recruitment not only in the Cayman Islands, but also in the Caribbean region.

In that published work, recommendations and results of two studies were analyzed; the 2006 Organisation of American States Sub-Region Consultant Study Report concerned with the challenges of improving the quality of teacher education, recruitment and selection, initial education and training, professional development and evaluation of teachers in countries of the Caribbean. And, the 2001 report of the committee set up to examine the conditions relating to the recruitment of Caymanians into the teaching profession.

What are specific ways of encouraging the recruitment of teachers into ITET in the Cayman Islands? Some thoughts follow. There is the need to:

1. Undertake innovative and strategic approaches to policy development in the area of ITET. Policies are needed that would direct actions and guide innovations, thus boosting people’s trust in the process and product of ITET.

2. Formulate policies to address the nature and kinds of academic qualifications offered and the standards at which local teacher education and training institutions operate.

3. Develop policies on the process of recruitment into ITET and on the promotion of teaching and the identification of appropriate target populations for recruitment.

4. Offer a competitive and internationally recognized bachelor’s programme in education. (this is happening right now at the University College)

5. Develop a clearly articulated alternative paradigm for career structure and its underlying values in the Cayman Islands, coupled with efforts to improve the economic status of teachers.  Morris and Williamson (1989) reveal that in Japan and Taiwan, among other countries, where teaching is thought of as extremely important, teachers are relatively well compensated hence teaching is viewed as a relatively well-paying job, the supply of new teachers is high and there is a low level of attrition. The writers go on to state that additionally those countries place high value on their peoples remaining in a profession or a post for the duration of an entire career.

So my point is, what is required, (in addition to marketing strategies and advertising campaigns), is a paradigm shift or change in the way we think about teaching,  not just for the Cayman Islands but for the Caribbean region.

6. Enable ITET programmes to be framed in a reflective model of teaching which encourages the development of skills and knowledge in content areas, professional studies, and practical teaching, grounded in the real world of the school and classroom.This model of teaching presently guides the teacher education and training department here at the University College of the Cayman Islands.

For more details, please consult  my article entitled “Encouraging the Recruitment of Teachers into Initial Teacher Education and Training (ITET) in the  Cayman Islands published in the  Journal of the University College of the Cayman Islands Volume 2 August 2008, pp.65-78. Copies of the journal are on sale at the main entrance to the auditorium.

Thank you, the floor is now open for questions and discussion.

 

Reference

Baker, M. (2002). UK “poaching” Jamaican teachers. BBC education correspondent, British Broadcasting Corporation (BBC), 15 March 2002. http://news.bbc.co.uk/2/hi/uk_news/education/1871706.stm (accessed 2 October 2007).

McLean, G. (2001). The report of the committee to examine the conditions relating to the recruitment of Caymanians into the teaching profession. Ministry of Education, Human    Resources and Culture. Cayman Islands. 29th June.

Mark, P. (2006). Organization of American State Hemispheric Project Draft Harmonized Policy for Teacher Education (Summary Document) Caribbean Sub-Region Consultant Report (Unpublished).

Morris, P., and J. Williamson. (1998). Teacher education in the Asia-Pacific region: A  comparative analysis. Asia-Pacific Journal of Teacher Education and Development 1: 17–27.

 

Dr. Mark A. Minott is Associate Professor, Co-Course Developer, and Coordinator in the Department of Teacher Education at the University College of the Cayman Islands. His research areas include reflective teaching, teacher education, higher education and the Arts in Christian worship.
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The education industry

January 13th, 2010

There is common saying that goes..”The roots of education are bitter but the fruit is sweet.” The roots in our country is the system. Being the world’s largest democracy the educated youth of the country has had to pay the price. The price being to forgo their entry into professional colleges, thanks to the quota system. In some states with quotas upto 70% of the seats the youth belonging to the so called “upper castes” do not find a place in Government colleges/institutions.

 

 

This gave rise to the opening up private educational institutions across India.

 

Private Educational Institutions in India could be classified into the following categories:(a) Aided Colleges these are colleges that are privately managed but aided by the government.

(b)Unaided colleges these are colleges that are privately managed and also raise their own funds.

 

Professional colleges across India have sprung up in such large numbers making it into an industry of sorts. We are calling this “Industry” because of the employment and the revenues that these institutions generate.

 

 

 

Private spending on education in India in $US

 

Schooling (tuition fee, tutoring, textbooks, preschool etc.)

29413 million

Professional Courses (engineering, medical, MBA)

7054 million

Test Preparation (engineering, UPSC, medical test prep, GRE/GMAT etc.)

1664 million

Skill development (vocational training, child skill enhancement for mental arithmetic etc. IT training, teacher training etc….)

2436 million

Estimated total market size in private sector

40,565 million

 

 

There are institutions often funded by rich individuals or even by organizations. The market for these private institutions has survived and indeed blooming by the day although new colleges come across high legal barriers to enter.

 

Many of these institutions cannot confer degrees on their students unless they meet set guidelines that have been set by the government body the AICTE and the UGC. This growth can be attributed to the phenomenal growth of the IT industry the country has witnessed. As a country we also have to use the huge educated population to our advantage.

 

 

Today, four out of five engineering students attend private colleges, even though those institutions charge five to 10 times more in tuition than government colleges. The private schools also demand an upfront entry or “capitation” fee in a range of anything between 20 lakhs to 50 lakhs—which is in many cases a small fortune for middle-class families. One has to remember that the returns on these investments are also high.

 

The Planning Commission reports that in the period 2002-2007, the share of private institutions in higher education increased from a third to over half of all enrolment. And this trend, by all accounts, will continue into the future. Engineering, Medical and Management are the favorite streams for most of these private institutions. Over sixty percent of private engineering and medical colleges are located in the 4 southern states of Karnataka, Andhra Pradesh, Tamil Nadu and Maharashtra. These states account for 25 % of the population but house more than half of the number of engineering and medical colleges. The central government too encourages these private institutions as it takes the pressure off its own self and ensures availability of skilled manpower, the main requirement for a growing economy.

 

 

Another measure adopted by the government to ensure students are able to pay the high fees is by persuading Public Sector banks in providing education loans to the students. The student loan disbursement of Public sector banks stood at a whopping Rs. 20,000 crores till the end of the financial year 2007-08.

 

The education market is leaning on the back of the workforce proving itself equal to their counterparts elsewhere in the world in productivity. The Indian workforce is the much sought after lot by global giants across the world. Hence it is safe to say that the education system and the industry behind this workforce is witnessing a boom time.

 

 India’s youth, often referred to as its demographic dividend, accounts for over 50 per cent of its total population, with 367 universities and 18,000 colleges with half-a-million teachers and about 11 million students on the rolls. As mentioned earlier as a country we must use this demographic dividend to our advantage. In the last five years there are about 1,500 management colleges, close to about 3,500 engineering colleges and about 1,200 medical colleges.Besides these private engineering and medical colleges the state has also witnessed investments from private equity players in the education segment.

Below are mentioned a few of such ventures:

 

India-focused PE firm Gaja Capital Partners invested 8.25 million dollars in Career Launcher. SAIF Partners invested 10 million dollars in the English training academy Veta and ICA Infotech. Some of the other listed companies in the education segment are Educomp Solutions, which posted a return of 374 per cent. Everonn Systems, which got listed in August 2007, gave a return of 130 per cent in just five months. The older names like Aptech and NIIT, fetched returns of 162 per cent and 124 per cent in 2007. This market also runs into crores of rupees.

 

It is believed that based on the current and future manpower requirements of the various sectors, there is a huge demand-supply gap in the education space. The education sector has opened up to brand new areas and subjects. Whoever thought of taking up courses like graghic designing or retail management and going on to make a successful career out of it. This has attracted many players to invest in education and training institutions.

 

In conclusion:

 

Although the primary education scenario in the country is not very glossy one can paint a very rosy picture of higher education in the country. One can only hope for that much concern in  primary education which still remains very illusive for many.

Ph.D from IIT Kanpur in Innovation and Technology Management,Heads Sampling Research Pvt.Ltd,providing end to end Market,Business,Industry & Financial Research,Database management,field operations & Outsourcing solutions.
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Online Education

January 13th, 2010

While some people may scoff at the though of iEducation or online education, it simply must be pointed out that it is evidently where we are headed towards nowadays.  More and more people are becoming more comfortable with internet technology, and it cannot be denied that there is an increase of the number of people who rather like staying at home on a regular basis (rather than having to go out every day).  Whether this is because they no longer feel like expending time energy on travel, or because the travel itself costs them money is not that clear.  However, what this actually means is that people find the use of the internet for all sorts of things not only convenient, but also economical. Virtual learning – in which one receives an education over the internet rather than the traditional way of commuting to a school going into a classroom and attending a lecture – is a manifestation not only of the aforementioned desires and practicalities of the modern person, but also an exploration of the possibilities that the world wide web has presented us with.  Slowly but surely, employers are becoming accustomed to the idea of hiring employees who have online education degrees rather than degrees derived from standard institutions that offer higher education.  There are even education grants that support students who could only choose to take up online education degrees because of their situations.  What a growing number of people have come to understand these past few years is that the internet has given persons who would otherwise be deemed worthless the chance to make something of themselves – in ways that truly help them whether this is physically or economically.  It’s a humbling and beautiful thought, isn’t it?For more Online Education information and tips visit, http://ieducation.com

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