The Financial Crisis’ Lack of Impact on IB Programs

The past form everyone in Greece is complaining about the pecuniary crisis that hit the dry land during the autumn of 2009. Although in the beginning most people believed that the unpolished would be able to go by means of it without major problems, they were soon proven wrong. non only Greece wasnt able to manage the crisis scarcely almost faced failure and had to go under the International monetary Fund (IMF) in secern to survive. The monetary measures enforced by the IMF affected the financial post of all citizens of Greece.Although the richest families even started facing financial problems, the human body of scholars graduating from private schools not only did not constitute a decrease, but in contrast had a small increase. In Greece, in coif to be sure one depart hire abroad, it would be best the student would arrive the International unmarried mans degree program, in general referred to as IB. Since the first social class the IB program came to Greece by Moraitis School (1984) the count of students deciding to follow it and go oeuvre abroad has been increasing steadily.But not only has the number of students graduating from private lavishly schools increased, during a very severe financial crisis, but the persona of students freeing to take on abroad through the IB program has remained stable. despite the fact that the tuition fees for the International Baccalaureate atomic number 18 to a greater extent than those for the regular Greek high school program offered by private schools. During the academic familys preceding to the frugal crisis, the IB program had a ravisher increase of 10% when it came to its students.More specifically the academic grade 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 the beginning the financial crisis hit the country, it was the last year there 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 severalise during the past 6 months. Moraitis School statistics). Mrs. Zalma, a mother of three, out of which the two ar graduates and the youngest one provide go to university near fall said Despite the sparing crisis, I agreed with my son to follow the IB program, as I saw that my young lady who graduated from a foreign university has more work opportunities than my older son who terminate a Greek university. The fact that there be more opportunities for a life in foreign countries due to the economic crisis is a major reason wherefore 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 studen ts do not avow the Greek universities to provide them a high standard award, when it comes to universities other from architecture, euphony law and economics. As Mrs. Papadopoulou said, I enduret top dog paying high(prenominal) tuition fees for our sons breeding in the middle of an economic crisis, as I know he will have a better in store(predicate) than staying to study in Greece, due to the higher standards of the certificates of foreign universities. This is the way most parents direct their children study abroad think, having in mind not what speciality their children are going to favour but if the university they decide to ascertain to has a good reputation and so 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 certificate from a Greek institution. During the past ten dollar bill that I have been working fo r Moraitis School, I have seen more and more students absentminded to study abroad, as they do not trust the Greek educational system. They aspect more confident having a bachelor degree from foreign universities, especially from the States, unify Kingdom and France. said Mr. Edippidis, maths teacher in Moraitis School. This shows that even students have the akin 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 curb 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 turn towards the educational institutes of those countries. And as they feel they will a have a better chance of first appearance those universities through the IB program, families do not forethought giving a little more to education, despite the difficult financial situation in Greece.