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Impact of Commercialization of Education on the Society

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March 7, 2017 in Economics

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Abstract: Commercialization of education is deteriorating the social fabric, so solutions must be sought to stop further destruction.

Exposure to affordable and quality education is a prerogative of every individual. Not only the governments but multiple other parts of the society also have to play a constructive role in ensuring this. But, it is extremely unfortunate that modern liberal economy has hit the education sector just like every other out there. This has transformed the sector into a mere business.

Commercialization of education brings with itself many negative aspects which in one way or the other affect the whole society. For instance, a sense of marginalization prevails in the people with the formation of two separate mindsets, each seeing the other with envy and hatred; the underprivileged see the rich (who can afford high-end college fees) to be usurping their rights while the latter see the former as free riders and burden to the system.

In this piece of writing, we have tried to assemble some of the staggering impacts which the process of educational commercialization brings with itself.

Education as a cost effect Business

In the contemporary era, education is viewed in terms of cost-effect analysis. This puts a lot of focus on the process of making money from the education industry. Consequently, both colleges and students tend to benefit from the whole system only as far as the monetary benefits are concerned. People are willing to pay a good fortune, to get enrolled, just for the sake of material benefits at the end. Ultimately, education loses its true essence. Moreover, commercialization involves investments of huge capital and thus every initiative taken by a college’s management is also profit driven.

Education and Division of Society

The second drawback which commercialization of education brings is a division in the society. Since two separate systems operate in parallel; each alien to the other; sense alienation develops among the masses. Two different mindsets and ultimately cultures start forming in the society. This does nothing but disintegration of a nation.

Education and a sense of Marginalization

Apart from the formation of different narratives, a sense of marginalization also starts prevailing in the people who aren’t able to pay for quality education. When underprivileged feel marginalized, they are reverted to inferiority complexes which hinder the holistic growth.

Education as a Commodity

Education isn’t a commodity for the specific few but a right of all. But, commercialization has resulted in the opposite. It has turned education to a commodity for the selected ones. Sky high tuition fees aren’t affordable to everyone due to which a major chunk of youth is deprived of quality education. This stops them from utilizing their maximum skills when it comes to performing in the professional marketplace.

This is an alarming situation and demands different heads of the society to come together and seek a viable solution for this. Solutions like;
• Work should be done to bring about a shift in the political narrative regarding all this development
• Student unions, NGOs, and other parts of civil society should engage with college managements to land a common ground

Author: James Cameron is a university student and an active advocate of equality in education. He writes guest blogs to spread awareness in the society. You can take after him at Write my assignment – Buyassignment.com

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