A.G. Ossai& Dr. (Mrs.)Ajudeonu H.L.Faculty of Education. University of Delta, Agbor, Delta state, Nigeria
Abstract.
The role of a University education is to provide the much-needed manpower in accelerating the growth and development of the economy and to acquire both physical and intellectual skills that will enable individuals to be self-reliant and useful members of society. The need for globalization and the demand for University education in the country which the government alone cannot provide led to the deregulation of the system to enable private sectors to participate in the provision of education in the country. Deregulation implies expanded private sector activity with complimentary contraction in the public sector size in the interest of productive efficiency. This paper examines some of the reasons for deregulation and challenges that accompany the deregulation of university education, such as high school fee costs, the widening of the gap between the upper class and the indigent students, and the circumvention of standards in the name of profits, among others. It also identified some prospects including an increase in students` admission, improvement in infrastructural development, and employment opportunities, among others. The paper concludes by recommending that educational planners and administrators, as well as federal and state governments, should, through appropriate channels, ensure that educational standards are not compromised and the citizens are not exploited.
Keywords: Deregulation, University, Education, Public Universities, Private Universities.
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