CUSTOM : ARTICLE CRITIQUEWinston , G .C Zimmermann D .J (2000 , July . Where Is Aggressive value Competition Taking Higher EducationWinston Zimmermann (2000 ) examine the effects of expenditure competition on colleges , concluding that this could be a traumatic thing for higher education (p .9 . The authors find many pitfalls in price competition searching for corroboration of their conclusions in markets for potash alum studies and for-profit organisations . Applying the microeconomic theories to the field of higher education , they strive to attain at an understanding of consequences price competition of undergraduate programs would go toPointing to the graduate studies market , the authors find that it has been recently characterized by change magnitude trend toward negative study translating into bookman subsidies instead of tuition fees as a result of fierce competition for student quality (p . 3 . Looking at for-profit markets and competition mechanisms , the authors argumentation nevertheless that higher education is very different as colleges combine charitable donations and tuition revenues to cover the costs , in fact giving subsidies to students . Price competition would force them to pass off even greater subsidies that would eat into their providences - the excess of At this point , the authors argue , highest-ranked and most expensive colleges are the ones that support their students with the greatest subsidies . This is probably to be expected as they match the greatest charitable donations . Price competition , it is argued in the clause leave cause colleges to increase these subsidies , and the result will be that talented kids will rush to these colleges . This would induce less plastered colleges to decrease their tuition to stand the competition , and thus progress down the lineThe conclusions that students will flock to colleges with the highest subsidies seems correct . Indeed , this would narrow saving at colleges At the same time , the authors do not explain why these savings are so important and why colleges should hold on to them . Are they the silver used for research ?
Or are they used to advance innovative techniques in teaching ? Before a extreme understanding of what saving means to colleges and why they are confirm in their desire to keep this revenue stream , which the authors meet with economic profits at for-profit organisations , the idea that colleges should stick to their saving policies seems dubiousSome other conclusions appear questionable , too . Thus , the authors reason out that price competition does appear likely to mean a greater compactness of talented kids at high-resource school adding that the tender desirability of this development appears questionable (p .8 However , they do not review the pros and cons in favour of such a concentration . As of now , access to the best educational resources is grant often not to the most talented , but to those whose parents send away afford it . As a result , poor kids outride separated from these resources This may make the use of educational resources unproductive from the societal point of view : after all , a rich kid who finds Yale s program too above him will not receive much benefit from this arrangement...If you want to submit a full essay, order it on our website:
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