- Posted December 9, 2013 by
Should There Be Taxes On Online Schools?
Many such students who because of any family responsibility were coerced to quit their education to work somewhere are today offered with various facilities and easiness through which they can handle their job and at the same time also ensure that they are able to work in an environment through which they can be sure of getting employed in a reputed and prestigious organization once they pass out from such institutes. Keeping in mind that an overwhelming percentage of students currently attend these schools, universities and institutes that provide online education to students, will it be an intelligent decision if the US government imposes taxes on these schools.
In cases when the US government is going through a tough phase and trying to recover from the recent shutdown that they experienced, it will come as no surprise if the government decides to act stringently on these measures. It is important to state here the government needs to consider a few important steps before any form of policy making in this context is finalized by the government in the first place.
One of the things that they need to consider here is that the number of people currently enrolled and studying these online schools and acquiring education must not be burdened with any problem that can increase their current level of problems and can become either a direct or an indirect reason for them to quit their education. Raising or imposing taxes on students will definitely create problems for them financially and can also result in many students either shelving their aims and objectives regarding the pursuance of education or at least putting it on hold for some time.
Moreover, on a governmental front it needs to be considered and understood here that with the increasing percentage of taxes imposed on online education institute, a possible implication can be in the form of halting operations that could otherwise promote and encourage the growth and increase the number of online institutes and universities in times to come. One of its most significant impacts can be in the form of blocking any possible frontiers and avenues that can actually help in expanding the horizons leading to innovation in the industry.
For instance the advent of Massive Open Online Courses has recently introduced a new breakthrough in the field of education that intends to restructure and modify the visage of contemporary education. At this point of time any change in the tax policy, not working in favor for educational stakeholders will automatically induce an effect on the growth of such courses in the long run.