Topic > Contemplating Education and Success: An Ethics…

But there is always a key component in debates and discussions that is always the crux of the problem. The problem is always linked to finance. Finance is the key component because there are many surface level issues that arise from money, how it is earned, and how it is managed. This problem begs the questions “is there a difference between education and business?” and if so “What is an acceptable business/financial structure?” for example, the structure of a private business or corporation requires people to invest in a company and become shareholders. At the end of a term, shareholders receive a dividend based on their stake and the company's profitability. This is the normal business structure and the financial planning of this type of business is influenced by “profit-oriented” results. It is a private business model with the goal of maximizing revenue. The structure of the for-profit institution is eerily similar. With a financial plan to maximize your income, you need to ask the purpose of this structure from an educational institution. This brings us to the debate about ethical standards of education. Is the business-like structure of for-profit institutions morally ethical, and if so, where is the gap? Business ethics e