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?

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Education
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is said to be an investment into the future of individuals.
This
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however
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comes at a cost which could be paid by: the
government
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, student or via a
government
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loan, taken by the students. These means of payments have their merits and demerits. Where all the cost of higher
education
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is paid by the
government
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, it gives the students a sense of belonging.
Thus
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, they realize the premium
government
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has placed on their
education
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and tend to give back as much as they can. In the
second
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option, all the cost is paid by the students.
This
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places the burden on the parents and places them in a position of responsibility.
For instance
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, a parent with five children will have to save more to meet the needs of their
education
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.
Consequently
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, it helps the parents to plan properly.
Lastly
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, in the case of financing
education
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via
government
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loans, the Beni fit here is that the students will have access to funds which they have to return at a future time.
As a result
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, the immediate financial burden is taken off their shoulders. In conclusion, higher
education
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is an investment like every other level of studies. All the payment methods have their advantages and should be utilized to achieve the desired goals.
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