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Essay On Higher Education System

1453 Words6 Pages

CHAPTER I

1.1 INTRODUCTION:
Education is the process, which enables an individual to adjust himself to the environment. A present day economist is inclined to think "EDUCATION" as a process which makes man economically creative member of the society. The subject matter of education is to develop his personality, for which education is more important. Higher education provides to trained and knowledgeable personal to the nations. But the number and quality such personnel should be as per requirements. University provides not only trained manpower but also improve, Functional efficiency of more engaged in different kinds of productive work, that i.e., it makes valuable contribution to the acceleration of development.
Education not only impacts …show more content…

The number of colleges increased from 496 in 1947-48 to 14,219 in 2012-13. While the number of universities grown from mere 20 to 523 during the same period. Similarly, the enrolment of students for higher education has seen tremendous increase over the period. During 1947-48 only 2 lakh students had enrolled for higher education which increased to 169.75 lakh in 2012-13, which indicates a rapid growth and increasing demand for higher education in India. Education is the process of instruction aimed at all round development of individuals, providing with necessary tools to participate in day to day activities of the world. An Education Loan is just like a debt. The money that you borrow from the bank and repay it with interest. The importance and the value of education is known to all of us. It is the actual wealth of the person. However, at times we encounter the situation where there is willingness to study more and higher degrees, but due to our limited financial resources it gets bit difficult. It is under this situation education loan or student financing prove as a

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