Monthly Archives: January 2020

The Present System Of Education In India – Education

The word education is very much in use these days; almost everybody has to say something about it. The schools- whether Government or private- are packed with students. So are the colleges. But despite this increasing desire for education, hardly anyone knows as to what education really is. Has the education we have so far received done us any good? If yes, is it proportionate to the labour and money spent on it? Education is not an aim in itself but, rather, an instrument to learn different ways of living our lives, and that type of education alone can be called real education. According to me no one can truly claim that the present system of education in our schools and colleges produces this result. Education must help to build one’s own sound character. On the opposite, there are numerous examples of young people having lost the good qualities of their character in the schools.I think that as long as there is no concordance between the schools and homes of the students, they will continue to suffer in both ways. What we learn at school and colleges is totally incompatible with what we learn at home. Hence the life of school is exact opposite of the life at home.Our parents ignore to know what is taught at school; nor do they care about it. The labour spent on studies is useless, merely it has to be gone through for the sake of the final exam, and once it is over what was learnt is forgotten as quickly as possible. One of the major issues of these problem is the medium of education. I think that the fault lies on our receiving education through the medium of English. In India it takes about 12 years to obtain the matriculation certificate. But the knowledge and the lessons of life acquired over this long period is pitifully inadequate! Besides we also do not strive to integrate this knowledge with the work we have to do.The present system of education has created a gulf between us and our families. To our parents, to others in our families, to our women, and to our society- with whom we live for the greater part of our time- our school education has become like hidden wealth. So is the present system of education is wrong?By the medium of instruction being English, the burden on the students’ brain has doubled. It has destroyed their power of imagination- the power to create and to invent. The whole of our time is taken up in learning the pronunciation and the idiom of a foreign tongue.We should start doing the procedure as they do in Russia, South Africa and Japan. In these countries, a few selected people acquire a higher knowledge of English, translate whatever is worth having into their own language- in an easier form- and thus save the people from the useless labour of themselves having to learn English.The best education is education through mother tongue. When we receive education through our own language, our relations with people at home will take on a different character. Today, we cannot make our wives real life-companions. They have very little knowledge of what we do outside. In the same way our parents have no idea of what we learn at school. The knowledge we get at school does not seep down to others, not even to the members of our families, because we cannot impart to them what we learn in English.We depend for our livelihood on passing examinations. This results in great harm to the people. We forget that a degree is useful only for those who want to go in for Government service, but the edifice of the life of the People is not going to be raised on the few who seek Government service. We see that people are able to earn money quite well even without going into Government service. When those who are almost illiterate can become millionaires by their intelligence and shrewdness, there is no reason why the educated cannot do the same. If the educated would only give up their fear, they can certainly prove to be at least as able as the illiterate. If this lure of the degree could be shaken off, any number of private schools could be started and run according to the plan charted by us. No Government can provide fully for all the education which the people need.

Promote Learning With Educational Games

Children and teenagers like to play games after school. There are many types of games that can interest them; RPG games, video games, Xbox, internet games. Young people are drawn to the game because they are fun, offering runners and teenagers tend to enjoy technology.

Since teens are going to play games anyways, why not develop games that can teach them things and hone their life skills? Many corporations are actually engineering games that aren’t just entertaining but also very educational.

Capital One and Junior Achievement just announced the launching of a new website that features a game that teaches kids how to manage money and gives them the ability to role play different careers and jobs. This game is based on a Junior Achievement program called “JA Finance Park Virtual” and designed for kids in junior high and high school.

Each player takes on an identity with a job, family, career and a financial budget. The player then must work through real life issues such as doing well at work and managing the household and finances. This game shows kids what it’s like in the real world and teaches them real life skills.

In order to provide support for the idea that online education in form of games can be educational and useful, Junior Achievement and Capital One commissioned Brain Research to conduct a survey. Results show that two thirds of teens play video games with their parents at least once a month. This means that the parents can also play along these educational games with their kids.

There is even a game that can home math and reading and comprehension skills.

As we all know, math can be tedious and difficult for lots of young folks. If a game can make math actually more fun then it’s definitely a useful tool. The website was launched during the same week that Capital One and Junior Achievement’s site was started. Fun Brain manages the site. The firm has been developing educational online videos since around ten years ago.

Academic Skill Builders is another website that tries to make learning fun. The subjects they teach include English, vocabulary, critical thinking and arithmetic. This site also includes testimonials from teachers who encourage their students to visit the site and play games. A teacher writes, “Aligning the excitement of playing games by practicing mathematical facts clearly helps change experiences and invites students to learn in an environment that they are not only comfortable with but will look for given choices.”

Games are tools that can be used to encourage and motivate students to learn. Any tools that can make the learning process more interesting and enjoyable must be taken seriously.

Diversifying Revenue Needed for Institutions of Higher Education – Education

Diversifying RevenueToday, institutions of higher education are being encouraged and challenged to think creatively about expanding and developing new revenue sources to support the their short-term and long-term goals. Moody’s Investors Services has outlined in its published reports how every traditional revenue stream for colleges and universities is facing some sort of pressure.Unfortunately, the pressure on all revenue streams and sources is the result of macro-level economic, technological and public opinion shifts, and these changes are largely beyond the control of institutions.The Moody analysts have cautioned that revenue streams will never flow as robustly as they did before 2008. It’s been stated the change will require a fundamental shift in how colleges and universities operate; one that will require more strategic thinking.In their studies, Moody’s notes that colleges and universities will have to rely on strategic leaders that are willing to address these challenges through better use of technology to cut costs, create efficiency in their operations, demonstrate value, reach out to new markets, and prioritize its programs. However, in doing so, many of these efforts may create disputes with faculty members or other institutional constituents, unless they are able to get the collective buy-in that has been the staple of higher education governance. But with goals being established and the evolution taking place as part of the process, hopefully, there will be a more widespread understanding on all sides.Major revenue constraints can be attributed to larger changes in the economic landscape, including lower household incomes, changes and fluctuations in the economic and federal government picture, declines in the number of high school graduates, the emergence of new technologies, and a growing interest in getting the most out of a college education – particularly as it pertains to employment after graduation. A stable fiscal picture and outlook would require improved pricing power, a sustained and truly measured decrease in the unemployment rate, improvements in the housing market, and several years of consistent stock market returns.The traditional higher education model has been disrupted by the ability of massive open online courses, particularly by the legitimization of online education and other technological innovations. In many ways, this has signaled a fundamental shift in strategy by industry leaders to embrace these technological changes that threaten to destabilize the residential college and university’s business model over the long run.There are other related challenges facing higher education: the growing profile of student debt, which has topped $1 trillion nationally, and default rates, and pressure on politicians and accreditation agencies to ensure the value of degrees. In addition, an alarm continues to sound over a potential student loan bubble and the diminishing affordability of higher education.One way for colleges and universities to get students, and their parents, to pay for higher tuition is by demonstrating that the outcomes – including their campus experience, postgraduate employment, graduate school enrollment, and long-term success and happiness – are well worth the tuition and future job pay. Students and their parents want to know, “What am I getting for my investment?” As a result, recruiters have a tougher job “selling” a traditional education with the cost of education continuing to escalate.But the on campus education and living and learning experience are the “door openers.” As I like to say, “We are a product of our environment.” Making the right friends, building relationships with influential professors, administrators, parents and relatives of friends, and fraternity brothers or sorority sisters all get added into the equation of the student’s environment. In retrospect, students may forget or never use half of what they learn, but the connections and friends they make and the experiences they have while in college are priceless.Over 1/3 of the colleges and universities in the nation are experiencing some sort of financial crisis. Many have gone from operating full operating budgets to a comfortable black to a severely red. And cash reserves have dropped, as well as endowments.Without a doubt, the university must find new revenue sources. Attracting more out-of-state and international students is one additional source of revenue for these institutions.We must never lose sight of the fact of the importance of investing in higher education. Educating the young is of primary importance. Devising ways to maximize time and money, such as integrating class projects and research that might result in publication is another alternative to consider.Allowing and/or expanding commercialism on the campus may provide added sources of revenue. Examples could include allowing corporate naming rights to athletic facilities or increased advertising signage inside arenas and stadiums. This may seem drastic and some may even say, “You have to pick your poison” in being creative to increase your revenue streams.Attempting to reduce the university’s “discount rate,” the percentage of the total tuition bill for the entire student body that the university waives to grant financial aid to its students is one possibility. But that can be risky business. Any move to reduce the discount rate potentially upsets an exceedingly delicate balance. Looking to attract families that are able and willing to pay full or near full tuition, while simultaneously making the school accessible to less wealthy students, and hitting the right mark, granting merit aid to lure high-potential students who might later benefit the school and broader community, may be one possibility to work in achieving a better balance among the many factors that feed enrollment. Additionally, stepping-up the fundraising efforts to offset any potential rising discount rate may also be helpful.Another factor to think about is the amount of construction the institution may be having on campus, especially during campus tours, to determine the effect, it may or has caused in any dips in the recruiting process. Even though construction on campus is a sign of growth and improvement, in the short-term it is not always the most attractive thing for students to see and hear on campus, or experience during a campus tour with their parents.Institutions of higher education must also anticipate any approaching demographic shifts. They may have to grapple with an economic and social environment in which more families bargain for the best deals among different schools. If this is the case, the institutions should consider making their best offers up-front first and try to avoid drawn-out negotiations.Students are creating more choices for themselves and they have more access to more choices. The internet makes it easier for students to research and apply to more schools.Some of the private institutions have held back from the tuition-hiking trend, and some have even cut tuition costs in an effort to attract more students. Other schools have taken more unconventional measures, such as freezing tuition, offering three-year degree programs, or giving students four-year graduation guarantees. They are doing this with the goal of increasing enrollment levels that will more than offset the reductions being made, thereby providing more overall revenue without sacrificing the student’s education.But also since the economic downturn, private colleges and universities across the nation have redoubled efforts to cut their operating costs, improve their efficiency, and enhance their affordability in order to stay within reach of families from all backgrounds. You cannot lose sight of that. Making it work has to be done on both ends; cutting costs and increasing revenues.Other strategies that could be considered to increase the enrollment and revenue streams at institutions of higher education could include the following:
Segmenting search to target upper profile students with different messages;
Increasing scholarship levels (while still maintaining net revenue needs);
Targeting out-of-state students or students outside of traditional markets;
Targeting high school honors programs;
Holding a scholarship recognition day;
Stressing off-campus opportunities such as internships and study abroad;
Promoting graduate school placements and outcomes; and
Developing high profile academic majors, pre-professional programs, or new majors and programs to support enrollment growth.
Additional considerations for increasing revenue streams might include:
Review the individual educational programs in-place and revenues provided by each and coverage of direct costs and determine what changes should be made, if any;
Acceleration of the 4 year degree programs into 3 to 3 ½ year programs to save on tuition and utilize it as a marketing tool for recruiting, but do so without short changing the student’s education;
Providing an automatic 2-year graduate scholarship at the university for students who enroll in a 4 year undergrad program and meet and maintain a defined GPA level and other pre-defined standards and goals of the university. Use as a tool for marketing and recruitment;
Having a full-time grant application aid/seeker for the university searching for state and federal funds, as well as working with faculty and staff to develop research projects for funding and using as educational programs for the students;
Establishing joint and cooperative programs with other universities in the US and abroad for recruiting;
Consider an overall re-evaluation of the recruiting process for identifying and “going after” potential students, thereby expanding the horizons and outreach;
Obtaining more exposure on a “national and multi-state” level;
Determine if any new programs should be added, programs dropped, or enhanced and/or expanded;
Develop tools for “presenting a plan” and a “comprehensively designed package” for financing and paying the cost for education;
Reaching-out to alumni and friends for enhanced ways to provide for contributions to the university through annuities, insurance, and other charitable giving techniques and products; and
Developing relationships with corporate sponsors for grants and contributions and placements for graduating students.
ConclusionFor the suggestions mentioned about possible new revenue source considerations to support the institution’s short-term and long-term goals, it will be important to develop predictive financial modeling tools for testing the proposed changes and outcomes to the enrollment levels and the projected effects on the revenue streams and the overall bottom line.In doing all of this we must never lose sight of the fact that education prepares graduates to lead lives of achievement, contribution and meaning. And, as I like to say, “The Students will become a Product of their Environment.”