What in the name of education?

I had an enlightening night last night. I learned about the sad state of education in Vietnam.

Fact: There is a demand for employees with university/college degrees. ***
Fact: There is limited government funding for universities and colleges.
Fact: As a result, universities and colleges can admit a limited number of students.

Fact: Universities and colleges need more funding and want to make more money.

Solution: Creation of a business based on partnerships with various universities and colleges. The business would provide teachers and classes for any student who can pay the application fee and tuition, which is shared by the business and school. In return, after fulfilling a set of requirements, the student would receive a diploma as a "graduate" of said university or college.

And yes, this business exists.


What kind of education is this?!?!!!
It is no longer about educating people. It is all about money and how much you can make by feeding the demand for diplomas. This is sick.


*** In Vietnam, universities are distinctly different from colleges, university education is more highly regarded.