Is education too commercialized nowadays?

Generally speaking, the level at which education is converted from services to businesses nowadays is a growing concern for society. Education can only be deduced to be way too commercialized by considering the pons and cons of its commercialization. Of course, education is way too much commercialized nowadays. Higher institutions nowadays see imparting knowledge as a means for economic ends(returns). Before further discussions, let’s take a glance at what “education” and “commercialization” are.

What is Education? 

Education is the process of imparting, receiving or acquiring knowledge, skills, or ideas either formally or informally.

 What is Commercialization?

Commercialization in ordinary parlance simply means the application of the business methodology in any activity with an expectation of economic return. Commercialization of education refers to when an act of imparting, learning, and acquiring knowledge is perceived as a way of creating an enterprise to attain economic ends or returns(profit).

Naturally, education should be seen as a way of disseminating knowledge that will constitute job creation rather than to be seen as a mechanism for procuring a better standard of living by acquiring economic return. The commercialization of education has a serious effect that is so vague that it goes on undetected and one of its worrying aspects is that the interest of youths and the kind of education that brings out their full capability and potential is sidelined. Also, the global commercialization strategy of higher education has resulted in the creation of serious competition between the fruit-bearing capacities of education as opposed to its light-bearing quality. This adds to the notion that students are consumers of service for a very specific apparent purpose which is to gain access to a well-paying job hence, attain a high standard of living.

Furthermore, knowledge should be imparted to those who find it based on free will to promote the level of education in society rather than being used as a way of exploiting students by commercializing education to earn an economic return as it is done nowadays. Also, the fact that institutions and students both lives in a commercialized world nowadays makes every degree of teachings and learning no matter how small it is, valued based only on monetary terms instead of being valued on psychology term. That is the level of understanding.

Government should intervene by taking into consideration things that are yet to be done presently rather than doing things that have been laid hands on already thereby correcting the deficiencies of anomalies. They should carefully plan, improve financing and establish an empowering policy structure to make higher education equitable, accessible, and qualitative hence, redefining the role of the state in higher education.

The main reasons for the commercialization of education:-

 1. Increasing population  

Due to the increasing population in our country, the government is failing to accommodate the education of such a large number of people. This has led to the setting up of various private institutions.

2.The Mindest of People

It is the most common misconception among people is that good education is costly so most of them often prefer private schools and colleges over the government.

3.Better Facilities

The private institutes provide better facilities than the government institutes.

 To conclude I would say education is also often portrayed as the method through which an individual can achieve success. Hence, there has been a rise in the demand for proper education. Because of this reason and a number of other reasons, education has started to become more commercialized. There are a number of ways through which education is commercialized these days. And some of those methods include setting up private schools, universities, coaching centers, and learning centers.