This-essay is a7309261.htm which is available at the web-site www.essayz.com. See more notes at the bottom. Previous-Essay <== This-Essay ==> Following-Essay By-Months By-Years By-Words Webs of Like-&-Un-Like ESSAYS <==> Like-&-UN-Like This-One ========================================================== %FINANCIAL RESPONSIBILITY 730926 Our western society is dependent upon financial computations for guidance in the allocation of scarce resources. Often, however, the fundamental issues are lost in the computations. For example, to save money we often waste energy --- one of the most fundamental scarce resources. This is a clear indication that our economy is improperly designed, and as a result we behave irresponsibly. The costs of higher education have been growing steadily. To compute only dollars and cents is to lose track of the fundamental issue: What portion of our society's scarce resources should be devoted to higher education, and for whom? There is a severe danger signal given when well paid professors at quality institutions can not pay for a responsible portion of their own children's higher education at comparable institutions. The problem can not properly be solved merely by raising the salaries of the professors at those institutions --- for that would raise the cost of sending the professors' children to those institutions by a comparable amount, and so leave the professor still unable to pay a responsible portion of the cost of their children's higher education. The solution must lie in some other way. More tax support of higher education is but a cosmetic solution in that there will be a tendency to tax the many to serve the few. To what extent should those who can not and have not received higher education---be taxed to make it possible for a few to receive higher education? The question should be dealt with openly. At a more fundamental level we should ask if it might be that in its conception---the structure of higher education calls for more services to be performed for the students---than can be justified on the basis of a thorough analysis of effective educational activities--- and of the degree of justice and/or injustice in the traditional distribution of scarce resources to support higher education. Improperly conceived educational procedures are certain to be more costly than properly conceived procedures. The sky-rocketing costs of higher education may be a signal that there are some fundamental conceptual mistakes which can not be corrected by additional financial support. (c) 1999 by Paul A. Smith in GO: essayz.com "Search for Integrity and Honesty" (On Being Yourself, Whole and Healthy) ==========================================================
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