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Pros And Cons Of The Establishment Of Private Universities In Srilanka

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1. Introduction
In recent times pros and cons of the establishment of private universities is generally being argued, following the current issue about the Srilankan Medical Council’s (SLMC) announcement on the disapproval of the medical degrees issued by South Asian Institute of Technology and Medicine (SAITM), which is the only private medical college Srilanka. These issues paved way for several arguments among the public on finding whether private education is important or should be banned in Srilanka. On this account, this article will explore both good and bad side of opening private universities in Srilanka and evaluate how thegood side argument is valid to the present global trend of tertiary education and social culture in Srilanka.
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Is there any necessity for private universities in Srilanka?
According to the source of information of Department of Examination and University Grants Commission, it was indicated from year 2010-2014 among the total students who sat for G.C.E (A/L) around 60% of students are qualified to enter university, and only 15%-20% of the qualified candidates get admitted to undergraduate courses of the higher educational institutions. This implies that each year when around 200000 students sit for G.C.E (A/L), around 96000-102000 qualified students do not get opportunity to enter government universities and continue their higher education.
The fact that a significant number of GCE (A/L) students being unable to obtain places in the universities has created a major social and economic drawback within the society. Lack of university education for the majority of Sri Lankans is a national issue which has an impact on all sectors of society(Premarathna, A2011). Therefore, Sri Lanka needs more universities and the annual intake of students to the universities has to be increased. The necessityfor “the establishment of private universities in Sri Lanka” arises in such circumstance.

3. Why private universities are to be

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