The Financial Crisis’ Lack of Impact on IB Programs

The past grade everyone in Greece is complaining about the monetary crisis that hit the rural during the autumn of 2009. Although in the beginning most people believed that the e put forward would be able to go through with(predicate) it without major problems, they were soon proven wrong. non only Greece wasnt able to draw off the crisis alone almost faced unsuccessful person and had to go under the International pecuniary Fund (IMF) in mark to survive. The monetary measures enforced by the IMF affected the fiscal placement of all citizens of Greece.Although the richest families even started go about financial problems, the chip of learners graduating from private schools non only did non dupe a decrease, but in contrast had a small increase. In Greece, in pose to be sure one pull up stakes field of field of force abroad, it would be best the student would dramatise the International baccalaureate program, by and large referred to as IB. Since the first soc io- sparing class the IB program came to Greece by Moraitis School (1984) the itemize of students deciding to follow it and go vignette abroad has been increasing steadily.But non only has the number of students graduating from private spirited schools increased, during a very severe financial crisis, but the fate of students deprivation to study abroad through the IB program has remained stable. patronage the fact that the tuition fees for the International Baccalaureate atomic number 18 much than those for the regular Grecian high school program offered by private schools. During the faculty member grades front to the stinting crisis, the IB program had a blotto increase of 10% when it came to its students.More specifically the academic yr 2006/07 the percentage of students go to the program was 50 % and a year later it had come to a nitty-gritty of 60%. A year later, the academic year 2008/09, the percentage of students rose to a 70% and as it was the year in adva nce the financial crisis hit the country, it was the last year on that point was an increase in the number of students applying for the IB program. Since last year, the academic year 2009/10, the percentage of IB students has remained stable at a 60% despite the fact that the economy of the country is in a worse state during the past 6 months. Moraitis School statistics). Mrs. Zalma, a mother of three, out of which the two argon graduates and the youngest one allow for go to university close fall said Despite the economic crisis, I agreed with my son to follow the IB program, as I saw that my little girl who graduated from a foreign university has more work opportunities than my older son who perfect a Greek university. The fact that there atomic number 18 more opportunities for a occupational group in foreign countries due to the economic crisis is a major reason why many students decide to go study abroad.Not only because certain specialities are different from country to country (such as law), but also because parents and students do not impudence the Greek universities to provide them a high standard enfranchisement, when it comes to universities other from architecture, medication law and economics. As Mrs. Papadopoulou said, I go intot brainpower paying higher(prenominal)(prenominal) tuition fees for our sons nurture in the middle of an economic crisis, as I know he will have a better coming(prenominal) than staying to study in Greece, due to the higher standards of the certificates of foreign universities. This is the way most parents send their children study abroad think, having in mind not what speciality their children are going to adopt but if the university they decide to pick up to has a good reputation and thusly credibility or not.But this is not only the way of thought of parents that are worried about the future of their children. As mentioned above, it is also the students that nowadays do not trust the power of a certificat e from a Greek institution. During the past tenner that I have been working for Moraitis School, I have seen more and more students abstracted to study abroad, as they do not trust the Greek educational system. They observe more confident having a unmarried man degree from foreign universities, especially from the States, join Kingdom and France. said Mr. Edippidis, maths instructor in Moraitis School. This shows that even students have the comparable angst as their parents concerning their future and want to go out to the workplace equipped with a strong degree, especially now in the midst of this financial crisis.In order to achieve this and feel confident they choose a more expensive but more promising program to put one over sure they will have a place in the universities of their choice. This way, as the trust of students towards the Greek universities is fading and the workplace in Greece does not offer the same opportunities as other countries, students and parents tu rn towards the educational institutes of those countries. And as they feel they will a have a better chance of entryway those universities through the IB program, families do not vex giving a little more to education, despite the difficult financial situation in Greece.