That globalization has opened newer vistas of higher education, can not be denied.It has given the Indians opportunities to get higher education in foreign countries, though unfortunately till now India has not been an attractive hub of education for the foreign students despite having much potentials to be so.Today India on an average spends $ 5 billion annually to send students abroad to get higher education.Sadly enough, most of them hardly come back to their motherland and instead opt for serving in an alien nation.
Globalization has created a market based educational system in India.Thus there has been incredible growth of the number of technical colleges and universities providing technical education especially in fields like IT,Computer Science,electronics, architecture.As the job market in these sectors are flourishing, students after getting mere Bachelors degree hardly opt for higher education.Thus India over the years has produced some brilliant technicians but hardly any excellent educationist or a genius teacher.Moreover, as the cost of receving such technical education is sky high, poor students have been out of the competition to receive higher education.Moreover, the declining value of the civil society is an evidence in itself that higher education has imparted technical skills but failed to impregnate values among the students.
Moreover, lack of higher educational opportunities in the rural areas confirms that the interest of the corporate world is limited only in the shining cities, not in the rural India where ironically more than 70 % of the population lives.As a result rural-urban divide has been more prominent, there has been migration of students from rural to urban areas in search of educational opportunities, creting more socio-economic imbalnce.
In the end , it must be said that while globalization has been of tremendous benifit for the upper strata of the society in their academic pursuits, the benefits have not percolated down the social strata to educate each layer of the society.While corporatization of education should not be discouraged, the government should have more control in the sphere of education, so that the people irrespective of their social class, can reap the benefits of higher education and can be a part of making India a better nation to live in.