A costly degree has better outcomes

School resources that cost money, including reduction in the number of students per class or higher teacher salaries, are positively associated with student outcomes. In some cases those effects are larger than others.

Many of the ways in which schools currently spend money do affect student outcomes. When schools have more money, they have greater opportunity to spend productively. They can provide better activities, vocational guidance options and campus opportunities. When they don’t have money, they can’t. Resources that cost money, matter, and I feel that a more equitable distribution of school funding can improve outcomes. It will allow poorer institutions to offer more to their students.

Somewhere it is engraved in people’s minds that an expensive degree at a traditional university will pay off. This is not just the perception of parents who plan to send their children for higher education but also of employers.

As a result, often skilful people are not paid as highly as people who may have studied at an expensive school or university, but may not be as skilled. This creates unfair employment opportunities.

If fees, at least across primary schools everywhere are regulated, students may have a fair chance to succeed later since everyone gets uniform education and skill training.

The mindset that costly education is better will not change any time soon, and this has caused education to become an industry. From Mr Fredrick Francis Student based in Louisiana, US