Further problems with this system include hedging, where a corrupt politician or businessman opens up a school to hedge the risks of his other ventures.
Although on paper, such schools promote good “moral values” among their students, the truth about the founder only sets a bad example for the students that are studying in that particular school.
Education is considered of incredible importance in the modern world.
From well educated people like Barack Obama and Dr.
This adds to the notion that students are consumers of a 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 in those who finds it based on freewill to promote the level of education in a society rather than being used as a way of exploiting students by commercializing education to earn economic return as it is done nowadays.
Over the past two decades, business leaders have gradually instituted commercial logics and practices across the educational landscape for the purposes of making a profit, attracting a generation of loyal customers, and creating a positive image of the corporate involvement in social affairs.
The commercial involvement in schooling has had a profound influence on how educators, students, and the general public view the purpose of schooling, on the state’s role in relationship to its citizens and institutions, and on the nature of life inside classrooms.
The commercialization of education has a serious effect which is so vague that it goes on undetected and one of its worrying aspect 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 a serious competition between the fruit-bearing capacities of education as opposed to its light-bearing quality.