Private Schools Between Financial Challenges and Academic Aspirations in Light of the Knowledge Economy

Abstract

In our contemporary era, there is an increasing recognition of the pivotal role knowledge plays in driving societal progress. This awareness has catalyzed a paradigm shift towards a knowledge-based economy, necessitating a transformative approach in educational paradigms, particularly within private schools.

This research paper delves into how private schools are navigating the nexus of financial constraints and academic goals in the context of the knowledge economy. It underscores the necessity for integrating technology in education to cultivate a cadre of competent, responsible learners. The study highlights efforts towards enhancing educational programs to achieve excellence and inclusivity, embracing global cultural trends, and aligning educational outcomes with the broader economic and social developmental needs through diversified funding strategies.