Drugb posted:..I don't believe that education at the university level should be controlled by govt. There may be grants, but the university should be self sustaining based on income. They govt should give financial aid to students which in turn could be used to finance libraries etc. Govt should not be running universities. It is a formula for disaster, notice what a wonderful job they are doing running sugar and other ventures outside politics.
So in a country like Guyana who is going to fund the university? The students through school fees? A private investor needs a return on his invested capital. So where is he going to get this?
The cost to run a college, including a return on investment will imply high tuition if it is to be fully funded by students. So how will students be able to pay back the loans? Already in the USA, with its much higher salaries we have a student loan crisis, so what of impoverished Guyana where professionals earn the same salaries as baby sitters in Barbados!
Education is a social good and in a poor country this has to be guaranteed by the government. And I don't understand your screams when there are loads of state owned colleges in the USA. And there is also CUNY. Even though there are ample foundations and even though larger universities here have endowments which can be used to fund the financing gaps.
Why is it OK for a stadium to be government owned and a university not?
At this rate why should we even have a government at all? What functions should the government have if access to education isn't something that it should be involved in. Yes have a lawless society like Somalia where no government exists.