Higher education could be funded in three ways. All costs paid by government, all costs paid by students or students paying all costs through a government loan. What are the advantages of these choices?

Since

university

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funding benefits

both

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university

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students and

society

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as a whole,

both

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parties should bear some of the

cost

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of

university

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educations.

University

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students gain

both

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personal and economic benefits

by

Suggestion

of

attending

university

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;

however

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,

society

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also

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benefits by having a more educated population.

In addition

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, it is important that all members of

society

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have the opportunity to attend

university

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regardless of wealth. In

this

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essay the various models of funding for

university

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places will be discussed. There is little doubt that people who attend

university

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usually benefit through higher salaries and greater opportunities. It is

therefore

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reasonable that

society

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expects students to make some contribution to the

cost

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of their

education

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.

However

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, expecting students to fully fund their own

education

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may cause students to avoid courses that lead to less well-paying jobs

such

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as the sciences, nursing and teaching.

Society

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as a whole

also

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benefits from having a more educated community and should support people who make an effort to become educated. It is

therefore

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reasonable that governments

also

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provide money for

university

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places, particularly when the

cost

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of doing a course or the return

for

Suggestion

of

students discourages them from completing a course

that is

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needed by

society

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. The funding model

that is

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used for

university

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placements is

also

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very important as governments have a responsibility to provide an opportunity for all members of

society

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to attend

university

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. Deferred repayment of fees through low

cost

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loans and the partial subsidising of

university

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courses by

government

Suggestion

the government

are effective methods of ensuring fairer access to

university

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education

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since they allow people to pay for their

education

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when they are

best

Suggestion

better

able to afford to. In summary,

university

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education

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benefits

both

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individuals and

society

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and

both

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governments and individuals who receive a

university

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education

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should make a contribution to the costs of tertiary

education

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.

In addition

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, it is important that appropriate loan schemes are in place to ensure that access to

university

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is available to all members of

society

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.