Before getting into the issue itself it is necessary to provide some discussion on the reasons why in some cases universities took on the initiative to abolish fees.The actions of the university are more or less the same in almost all developed countries. …
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Before getting into the issue itself it is necessary to provide some discussion on the reasons why in some cases universities took on the initiative to abolish fees.The actions of the university are more or less the same in almost all developed countriesIn recent times some ideas have become redundant and politically incorrect. Most incoming students in the universities stand in long queue to get admission into the universities for the courses that have been closed for hours before they arrived. In such cases it is discouraging to ask students to pay for wasting time. The universities of the developed nations could not compete with the American economic system as they failed to bridge the gap in actual learning created by the public universities. Arguments There has been a long standing concern that pupils from lower socio economic backgrounds are forced to stay out from attaining higher education especially from attending universities. The social mobility is constraint due to high inter generational correlation in attainment of education. Even if the concerns regarding the equity are left out then also efficiency is lost for the society as a whole. Two sets of actions can be undertaken to analyze the reason for the situation to arise. The first action can be directed towards intensive studies while the second action can be directed towards the policies necessary to address the issue. ...
If en economic policy aims to eliminate a monopoly while the market becomes competitive as well as efficient the monopolist will be in a worse off situation. A competitive economy will result in Pareto optimal allocation when there is presence of full information in the economy and there is absence of externalities. Increasing returns to scale in technology is absent. The government can intervene into the market to facilitate the flow of information, manage the existing externalities, provide public goods and manage the income distribution within the society. The university or the college staffs can shift the resources effectively for more efficient allocation so as to ensure maximum outputs given inputs. As there inefficiencies in technical and allocation exist a significant portion of available resources go wasted. The state and university college is confronted with the Production Possibility Frontier. A tool can be designed for the purpose which will embody the resource constraints and simplified assumptions on the college and university’s production possibilities. The assumptions as are follows: Two goods are produced while resources are fully utilized and budget is endowed as resources. The feasible and the non feasible mixes of output are depicted in the PPF. A Pareto efficient situation is possible only in cases where there are feasible mixes of output. Technical efficiency reflects the ability of a firm to avoid waste and attain maximum output level from a given set of inputs. The firm can attain such type of situation by mainly two ways. The firm produce as much output as possible by using the technology and inputs or by using just optimal amount
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With greater advances, means more rules and greater communication is needed between merchants, users, and the networks using them. There also become more complex economic patterns which rely on different kinds of fees and transactions between respective parties.
It is also known as corporate punishment, meant for those who violate the criminal law; and, has been in practice since ancient times. Sometimes it becomes necessary to take the life of the criminal; while, at other times, it takes the life of an innocent person due to lack of evidence.
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This has seen the number of students who progress to pursue higher education significantly improve from the 1940s to the present (Ainley, 1994). During that period the UK education policy has undergone some metamorphosis that has influenced the nature of education being provided, the purpose for which it is provided and the reasons behind the government funding of higher education providing institutions.
As such, education plays a pivotal role in acquiring knowledge and the ability to think analytically. To most people, education is synonymous to schools and these schools also commonly referred to as educational institutions, usually charge fees by way of tuition so as to support funding for the institution.
Without the fees that they collect, these organizations will effectively cease to exist. A functionalist approach to the analysis of the necessity of these services however, reveals that these changes will not only affect the students, but the community as a whole.
New UK and EU students will be charged a 1,200 fees for their Undergraduate Foundation Years. There is a refund to those who will be successful in completion of the Undergraduate Foundation Year thereby enrolling on to Credit Level 4 at Westminster. Programmes taken by new students (2006/2007 academic year) will not be charged
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organization founded in 1997 “with the aim of promoting social mobility through education”, has expressed fears that “students could end up paying up to five times as much as they current do for degree course at England’s top universities if tuition fees are completely