Wednesday, 29 June 2011

Monetary woes

Money sometimes matters you know. Assured full scholarship provisions can deal with the rest. I used to study in a school where 50% of the students couldn't pay their fees while the rest of the students who could afford, paid slightly more to compensate. And, albeit your criticisms, I think most students come out from the school as socially aware adults. It is imperative that an institution should use the resources of those who can afford, to compensate for those who cannot. I don't know much about economics but my common sense says it is simply a case of transference of money from those who have surplus to the coffers of the deficit areas. Provided fiscal assistance is assured for those who cannot afford right from the beginning, I don't see why the rest can't dole out more. I mean, say, simply by cutting down one's smoking costs, one can balance the whole thing you know. The question then isn't about money over merit, but the development of the fund of an institution like Presidency planning to perch itself on the road to success.

(This is a personal response to some students' movement against fee hike in Presidency University.)