Effects of Financing Systems on Higher Eduaction : Assignment Guides
When a government funds for higher education, equality, fairness and justice is enhanced. In this case, as far as funding is merit based, the deserving students have equal opportunities of attaining a higher education in spite of the social and economic background. Similarly, government funding reduces unhealthy competition among higher learning institutions, individuals and money lending institutions (Kretovics & Michael, 2005; Barr & Crawford, 2005). The government involvement also ensures that continuous development of a country is enhanced.
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