The content of your reply must reflect an excellent knowledge of the reading assignments and must interact with both the thread and the reading assignments. Your replies must also expand on the thread and relate issues to Scripture, biblical principles, and pertinent personal experience. Each reply must meet the required word count of 300 words, contain at least 1 reference to the reading/study materials, and be submitted on time. Finally, each reply must provide citations to the sources of, or support for, your ideas as well as any quoted materials and/or borrowed ideas.
One of the significant education policies today is that on the privatization of higher education globally. When we talk about privatization, we mean a transfer of property or ownership to the private sector. Walter McMahon’s article on this education policy explains the major problems brought about by privatization and the possible solutions.
The article seeks to address the issue of privatizing higher education. The privatization of higher education has had several positive impacts, but the adverse effects stand out more. For one, the focus has drifted from delivering quality education to the achievement of profits. Unqualified graduates are currently calling the shots, thus leaving society in a mess. The worst part is that the minority and people from low-income groups are unable to qualify for higher education due to the rate in which it has been commercialized and made more costly without any regard for them (The negative effects of the privatization of higher education, 2019).
The article suggests that extensive analysis needs to be done on the extent to which there may be market failures. It is believed that for higher education to work efficiently, students, families, and higher education policymakers need to be more informed on how the system works. This is to prevent the making of inadequate investment and poor policy decisions. (McMahon, 2009). The article also suggests the need to understand the non-market benefits of pursuing higher education and not only the fact that it leads to higher earnings.
In the Bible, Proverbs 19:17 says, “Whoever is kind to the poor lends to the Lord, and they shall be rewarded.” From a Christian perspective, privatizing higher education has led to many minority groups being denied the chance to the desired higher education. By focusing less on the profits and instead on helping the poor afford it, we will be honoring God’s commandment on caring for the less fortunate.
McMahon, W. (2009, January). Higher Learning, Greater Good: The Private and Social Benefits of Higher Education. ResearchGate. https://www.researchgate.net/publication/44840404_Higher_Learning_Greater_Good_The_Private_Social_Benefits_of_Higher_Education
The negative effects of the privatization of higher education. (2019, October 17). Daily News Hungary. https://dailynewshungary.com/the-negative-effects-of-the-privatisation-of-higher-education/