How Can Our Education System Help Students Meet Challenges of Economic Downturn

“An educational system is not worth a great deal if it teaches young people how to make a living but doesn’t teach them how to make a life.” This precisely sums up what is exactly required by our education system in today’s trying economic scenario.

Today everyone can get a college degree, but it is little wonder whether our education system is able to contribute to building a person’s career and life. Because, that will only enable a person to handle any number of recessions calmly. Also, students can benefit economically by doing courses that cater to current needs.

Today students need to be armed with the right set of skills to face the tough competitive corporate world. So the education system should focus on providing the much-needed competitive edge to students. All factors like flexibility, affordability, learning methodology, assistance etc., need to be addressed by the educational institutions.

FLEXIBILITY – Educational institutions need to offer flexible degree programs that will enable students to take complete control of their assignments and class timings.

LEARNING ASSISTANCE – Universities and other educational institutions need to enable learners to become professionals by providing dynamic learning contents, expert faculty (who are industry professionals themselves) and highly adaptable learning methodologies.

AFFORDABILITY – It is important for all programs to be affordable. Universities need to encourage students by offering them scholarships and waivers (they can conducting contests, like an essay contest etc. or offer early bird discounts) They need to consider the economic background of the student and provide them with the required financial support.

SPECIALIZATIONS – All educational institutions and universities need to offer popular courses like online MBA, online DBA etc, in subjects like entrepreneurship, international business, project management, health care administration, IT and Information Systems. These courses/specializations are much needed for today’s challenging economic scenario.

Finally, a good education system should offer the students the best in terms of affordability, quality and comfort; in order to ensure that they are able to pursue any course that help them to raise their living standards.

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