The idea of education as consumption means that education is a product or service that can be purchased and consumed like any other commodity. In this view, students are seen as consumers who pay for an education in order to acquire specific skills and knowledge that will enhance their future employment prospects and earning potential.

Education as consumption emphasizes the economic benefits of education, such as higher wages and better job prospects, and views education primarily as a means to achieve personal and professional goals.

It also focuses on the importance of competition among educational providers, with students as consumers choosing the institution that offers the best value for money.

Few major points in education as consumption are :

1. Education as a product: Education is seen as a product that can be bought and sold in a market economy. In this view, students are consumers who pay for education in order to acquire specific skills, knowledge, and credentials.
2. Student as a customer: In the model of education as consumption, students are treated as customers who have a choice of educational providers and can make decisions based on factors such as quality, cost, and reputation.
3. Emphasis on economic benefits: Education is viewed primarily as a means to achieve personal and professional goals, such as higher wages and better job prospects. The economic benefits of education are emphasized, and the value of education is often measured in terms of its return on investment.

Also Read : Financing of Education

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