Privatization of education is a controversial topic in today’s society. There are many arguments for and against the privatization of educational institutions. Some believe that education is the responsibility of the parents and should not be a burden to the central economy of the country while others believe it to be the responsibility of the government of the country to invest in the future interests of their nation. Especially when considering the developing countries, the number of privately owned educational institutions have increased when compared to the past. And also there is a trend of charging fees from public schools as well. Is this favorable to an economy and the future of the education system of a developing country?
One argument put forward in favor of privatization is that it is of high quality and is highly efficient. The best private schools in any country offer very high quality services and facilities to children for the price they charge. No organization that is privately owned could be profitable if their services are poor in quality. Therefore the educational standards of the country can be raised to a better level through privatization and also the facilities and benefits improved. Another argument is that most children in public schools are forced to be there and has very little incentive to succeed academically as it is freely offered. On the contrary, children in private schools have a greater responsibility as their parents spend for their education. Therefore the children have the incentive to succeed academically as it is an investment done by themselves or their families. Also the level of admission is very high when it comes to private education. Any student who is willing and able to pay for their education is able to enroll themselves for any degree program or stream of study they prefer.
However along with all these plus points there are disadvantages that are coupled as well. The main argument that is brought against the privatization of education is that the primary goals of education are distorted due to the profit driven motive of the private sector. Even the well-recognized and best private schools in Abu Dhabi are all lead with the motive of earning profits. Another main argument brought against the privatization of education is that the equal opportunity to receive education is missed by the lower income earning community of the country. Especially when considering higher education, the standards are said to be set low in the privately managed institutes so as to pass all students who are enrolled.
However it would be a better solution to have a public-private partnership when managing the education system of a country. The best results could be attained if a balance could be created between the two parties; the government to involve with the regulations and the private sector with the funding and finance.