Widening opportunities for higher education

Abstract

The article "Widening Opportunities for Higher Education" discusses the transformative impact of private universities in Bangladesh, highlighting their role in reducing brain drain and conserving foreign currency by providing affordable, quality higher education domestically. The author notes that the proliferation of private universities has created a competitive academic environment, compelling institutions to invest in qualified teachers, modern facilities, and improved curricula to attract students. This shift has diminished the outflow of Bangladeshi students to countries like India, Canada, and Australia, thereby saving significant foreign exchange. The piece credits the Private University Act for enabling rapid growth in the sector, which now employs thousands of educators and staff, contributing to national development. However, challenges remain, such as ensuring long-term educational standards and aligning remuneration with market values to retain top talent. The article underscores the need for sustained government and institutional efforts to leverage private universities' potential for broader socio-economic progress.