Removing tuition cap will boost quality of education?
A recent study of World Bank shows that removing cap on tuition fee will help boost the quality of education in Philippines.
The World Bank in its study called “The Role and Impact of Public-Private Partnerships in Education” said that while the cap is intended to make private education affordable for the poor, it can also cause “the quality of education to deteriorate and limiting the profitability of education investments.”
The WB presented more studies and proof that tuition fees without a cap could help the educational institutions invests more on methods and technologies that can help improve the standard of education in the country.
While that could be true, I can’t help but paint a scenario similar to the oil deregulation law, wherein oil companies can dictate the price of their product at their whim.
If this is applied in the educational system, then there would be nothing stopping these institutions to raise tuition fees anytime they want to. Notwithstanding whether such increase would be applied to their intended use as proposed by WB, or just to increase the bonuses of the institutions executives.
I hope this won’t happen.
August 19, 2009
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Roy В· 
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Tags: education for the poor, Philippines, role and impact of public-private partnerships in education, scraping tuition fee cap, standards of education, World Bank В· Posted in: Education, finance, money, Philippine business news, Philippines, Poverty
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