Government involvement Provision of funds Increase of power expense Salary/wage increase Interest rates Economic growth of a country Low economy leads to job losses, no more money generation for parents to send child to school Higher operating and personnel/labor costs Revenues are down Qualifications expected/criteria for acceptance of student Social networking – blogs, facebook, twitter Information is accessible to staff and students anywhere in the world via the Internet diverse cultures, nationality Parents having more freedom of choice over their child’s school, and choosing a school that is of high quality and well known Opportunity cost of education (education versus job). Changes to standards/ equipment required Advanced academic instruments/Electronics Internet Opportunities Threats
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SOCIO-CULTURAL
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TECHNOLOGICAL
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