How does inflation impact students and the education sector in the Philippines?
Answer (1)
Inflation affects not only workers and businesses but also students and the education sector in significant ways. As prices go up, the cost of getting an education increases, which can make it harder for many families to send their children to school.Effects of Inflation in The Students and Education SectorOne major effect of inflation is on tuition fees. Private schools, colleges, and universities often raise tuition and miscellaneous fees when prices of electricity, supplies, or employee salaries go up. In the Philippines, many private schools apply for tuition increases through the Commission on Higher Education (CHED), citing rising operating costs. This can be a big burden for working-class families who may already be struggling with food and transportation expenses.School supplies also become more expensive. For example, a notebook that used to cost ₱20 might cost ₱30 during inflation. Pens, uniforms, printing costs, and internet load also increase in price. For students who rely on daily baon, inflation means that the same ₱50 might no longer be enough for snacks and transportation.Inflation can also limit educational access. When families prioritize food and shelter over tuition and supplies, students may drop out, delay schooling, or shift from private to public schools. This puts additional pressure on public schools that already face resource shortages.Teachers and school staff also feel the impact. If inflation rises but their salary remains the same, their purchasing power decreases. This can lower morale and affect the quality of teaching.Government assistance, like scholarships and student aid, may not keep up with rising costs unless adjusted regularly. If scholarship amounts remain fixed while expenses rise, they become less helpful.
