A few years ago, the United Nations Educational, Scientific and Cultural Organization (UNESCO) published a report regarding the current situation in education. The contributions of the private sector to education are less than 0.1% of the profits that two massive oil companies make. Private businesses contribute with a total of $683 million per year on a global level. This is only 5% of all investments in education.
We need well-educated future generations to work for us. Private universities keep increasing their costs. The government and NGO struggle to increase financial aid and support more students. Students, on the other hand, need the support more than ever. But they aren’t the only ones to benefit from it. This investment is important for businesses, too. Read this post to learn about the Australian educational services ready for investment. You will discover what investing in education truly means and what educational investments Aussie businesses can make as well.
Direct Donations to Schools
In 2017, Bill and Melinda Gates announced their plan to donate $1.7 billion to U.S. public education over the next five years. More than half of this money is aimed at the development of new curricula and networks of schools. The idea is to push the educational system towards progress that would meet the needs of future job markets.
It’s okay if you don’t have a billion dollars to donate to Australian schools. If many small businesses donated whatever they could, the money would be easily collected. Start with local schools. Keep your options open to all educational institutions ranging from elementary schools to continuing education programs. Tell a representative about your interest to invest in education and ask how this money could be put to good use. You may start a new club or finance an existing one. You can donate funds for the library to get more resources for the students. You may invest in lab equipment. The representative will tell you what the school needs, and you can direct your money there.
Affordable Tutoring Services for Students
If we compare the Australian system to any other educational model in the world, we’ll realize that our students are lucky. The government already supports them a lot, and they are paying less for education when compared to students in the U.S. or the UK. However, the model is still outdated. Many students are ordering homework online because they cannot keep up with the assignments. With too much studying to do and a part-time job, it’s hard for a student to meet the requirements.
When you find an Australian writing service you can rely on, it’s easier to complete all projects, study, complete work tasks, and have some free time by the end of the day. You can help students by investing in a high-quality academic writing or tutoring service. You’ll connect them with experts from different niches. Through such collaboration, students won’t simply buy papers. They will learn how to conduct research and write content more productively. This type of service is also providing jobs for recent graduates. That’s another type of investment in education. You’ll provide jobs for talented individuals directly out of university, so they realize why education is important.
The Online Learning Industry
Many higher-ed institutions already have online learning programs at place. Some students even find free online courses. Students appreciate online programs because they enable them to learn at their own pace. They don’t have to attend classes on a strict schedule, so they can find a balance between work and study.
There are two ways to approach this kind of investment. Firstly, you can start an online school with courses focused on your industry. You can invite other business owners to share experiences and create classes for the students. You can invite university professors to create their own courses. Then, you’ll recruit future talent right from this online school. Your second option is to sponsor a current or a new online course for a university. You’ll provide the money for the developers to launch content. How do you benefit from this? Any business benefits from investing in new talent. The learners are the people you’ll work with in the future. You want them well-trained, so it’s great if you can invest in a program that prepares them for the challenges they will face in your industry.
Why Invest in Education in the First Place?
If someone is doing the investments for you and you’re getting a fresh wave of graduates to recruit every year, why bother with educational investments? Businesses have a responsibility to make meaningful contributions to the community. When they do that, the community recognizes the efforts and supports them by buying their products and services. Companies cannot focus on profit and nothing but profit. Businesses should use the top community service ideas and invest their capital in local educational institutions. They must earn respect in the eyes of their target audience before they can earn that profit.
Another reason why businesses should invest in education is because they are not happy with the way the current system trains the pool of talent. If a recent graduate isn’t ready to effectively work in your company, you can invest in programs that prepare them well. With this, you’ll save the money you’d spend on additional training.