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Importance of Higher Education

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Higher education is the foundation for growth within our global economy. Students who properly utilized the system to its fullest extent, garner life altering skills and abilities. These skills, which are often transferable from industry to industry further, enhance the quality of life for society. Many of the world's brightest students help create, lead, and establish many of the world's dominant organizations. These organizations, in turn, create goods and services that provide a compelling value proposition for the consumer. Without the aid of higher education, and the subsequent benefits derived from participation, many of these individuals would not have made the significant contributions to society that they have. It is therefore logical to continue to preserve the higher education system so that the next generation of students can further enhance the quality of life for society. Opportunities abound, particularly within the millennial generation, predicated on the ubiquitous nature of information sharing (Veblen, 1918). The ability to gather, analyze and disseminate information has never been as robust as it stands today. Higher education has a very bright and prosperous future ahead (Ewell, 1999). To properly propel the future of higher education forward, many issues plaguing the system must first be addressed. Issues such as rising costs, the supply of university degrees within the market, and the relevance of course material, all have plagued higher education

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