Values of Public and Private Universities
Values of Public and Private Universities
In the economy we live in today education is of most importance because at some point in time when enhancing our education we will have to decide between public and private universities. In some cases, if they do not one may be unable to acquire a job or be promoted based of their lack of schooling. When a student attends a community college, knowing the next step in their educational career is relevant to secure a future position in a higher and more conventional university. I believe some students are unaware of the significant differences that divide public and private universities. However by understanding the variance between both public and private universities, this will help assist students. Making a more accurately stable conclusion as to which higher education will best benefit them in both the long and short term. If our economy is in majority powered by a standing of schooling, it is of great importance that we select the correct form of university to help achieve a more beneficiary education. It is significant to compare private and public university’s based on their tuition cost, areas of study, graduation accuracy, and campus magnitude to better apprehend the value of each.
First, to comprehend the financial standings of schooling it is important to compare the tuition cost of both public and private universities. Additional areas to consider are the school’s annual tuition costs, scholarships, as well as room and bored. According to Christopher Cornwell, a former Exploration Manager, at Eaglewood Energy Inc. and David B. Mustard, an Associate Professor of Economics in the Terry College of Business at the University of Georgia, illustrates that at Georgia’s average four year private university there is a total of 136,581 awards by which 101.91 millions of dollars were presented in total the year of 2002. However, Georgia’s private average annual tuition is near 8,606 dollars. Cost plays a large role in deciding which one out of the two, private and public higher level universities to select to attend; affordability is of main concern.
Conversely, Cornwell and Mustard also explained that in the same year of 2002, Georgia’s four year public university has a total of 389,452 awards offered, out of 840.09 millions of dollars stand granted. One online cite, The College Board.com, highly recommended to all college applicants, states that Georgia’s public universities annual tuition nears 4,207 dollars. The contrast of cost fluctuates depending on attending ether public or private universities.
Next, when debating between public and private universities it is essential to deliberate the schools areas of study. This includes majors offered, programs, and teaching. Under private universities, rendering Ronald G. Ehrenberg, the Irving M. Ives Professor of Industrial and Labor Relations and Economics at Cornell University, exemplifies that Cornell University consists of four out of ten colleges on its Ithaca campus, “the Collage of Agriculture and Life Science, Human Ecology, Veterinary Medicine, and the School of Industrial and Labor Relations”. The public university of Alabama at Birmingham School of Public Health specializes in public health programs. Attending a university that specializes in a specific area of study will benefit applicants by high appraisal when applying for jobs in the same area of work (The American Journal of Public Health).
One needs to consider graduate accuracy between public and private universities in order to better understand the worth of each one. A graduate rate is a universities average percentage of the total number of students that graduate with a degree within the average time ratio. Contributions to the increase and decrease of any public of private university are based on graduate rates, graduate time period, and job placement. Swarthmore, a small private Philadelphia-based school, will graduate 91% of students within four years, conferring to, Jane Bennett Clark. The public University of North Carolina at Chapel Hill has a 31% admission rate. At 77%, Carolina’s four-year graduation rate is 45 percentage points higher than the average rate for four-year public schools according to an article by Susannah Snider. Before selecting ether public or private universities it is important to reflect on each ones graduate rate.
Lastly, it is significant to reflect on the campus size magnitude of both public and private universities. This includes the student to teacher ratio, and the campus total population. According to a report by, Enrolments, Funding and Student Staff Ratios, Policy Note, the average private university withholds an estimate of 1,799,000 student’s total. The public University of Northern Carolina’s fall headcount enrollment in the year 2001reached a high of 3,293, though in the year 2004, 3,574 total enrollment It is projected that by the year 2012 the total fall enrollment will reach 3,717 students (Snider). It is important to take into consideration the total population of every college to decide which large or small learning environment will benefit ones learning progression.
In conclusion, one will have the advantage when understanding the importance between public and private universities. Deciding between each one is a resolution that the grander majority of the nation will come to terms with. The importance of understanding the differences between public and private universities is a major area to consider when deciding which university ones believes will fit them best. Base the decision making off of each universities tuition cost, areas of study, magnitude, and graduate rates will help one in their own comparison for which they value most. It is vital to compare public and private universities in order to better recognize each ones distinct value to better determine which learning environment will have the greatest positive impact toward ones education.
“Assessing Public Higher Education in Georgia at the Start of the Twenty-first Century.” What’s Happening to Public Higher Education? By Ronald G. Ehrenberg. N.p.: Praeger, 2006. N. pag. Print.
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