All About Funding Tertiary Education

Tertiary education is a vital component of ourtouch in modern times. Education should not be the
civilization, providing essential skills for the survival ofreserve of the well off, but should be a right open to
modern society. Tertiary education spawns thethose who earn their place, regardless of background.
doctors, lawyers, teachers and academics ofSadly this is far from the truth in the society in which
tomorrow, in a perpetual cycle of training andwe live today. A good example to consider is the
intellectual development. From the point of view ofsystem in Scotland, as distinct from the rest of the
our children, tertiary education is an essential beaconUK. Education in Scotland is free, i.e. the student
of hope, an aspiration for the future, for prospects indoesn't have to pay his tuition fees. How does the
later life. For all the benefits of education to degreegovernment afford this? Easy.
level there are many drawbacks, namely finance.The government makes money from the student
Full-time students have very little time to earn moneyloans it offers, and also charges a hefty 'graduate
on their own. With bills to pay like everyone else, theendowment' upon graduation to cover a large
full time student also has to hold down the equivalentproportion of the costs. Even although this system is
to a part time job to scrape enough money tofar from perfect, it is the envy of most of Europe,
survive. Add to that the pressures of having to payand has worked well since its introduction earlier in
for your tuition and fork our several hundred dollarsthe decade.
each semester on books, and you're talking aboutIt is simply a case of finding a balance between
extreme poverty. Surely this can not be right, thatgovernment subsidy of tuition fees and unjustified
the talent we need as a nation is forced throughexpenditure. Our students are worth it, and we have
terrible conditions, well below the poverty line, untilvery promising talent coming from all walks of life. It
they qualify with a ton of debt against their name.would be a terrible shame if the doctors, lawyers and
Funding of students is expected to include someteachers of tomorrow could never materialize
element of parental support, which is frankly out ofbecause their parents simply weren't rich enough.