As a health researcher, I enjoyed this discussion. To add to this discussion, there are other compelling models in countries such as Switzerland, Singapore, and Australia. The Us model is failing miserably in many ways because it's considered a business than a service. This approach has created a severely and chronically ill population in the US. Also, the insurance-based health model has evolved since the world wars. So, it is difficult to do a direct comparison in terms of implementing it in a country like Sri Lanka. Regarding education models, the student debt crisis has been a decisive factor in the US presidential races; Manju should know better about this. Also, there is a significant quality difference between private and public US universities because of the amount of funds they receive. As Malinda mentioned, ownership is a key factor that should be emphasized when implementing a new system. Sri Lanka, as a welfare state, has never thought of periodic and systematic evaluations and has not evolved with the rest of the world because the population has been made to believe they are better than others and living in a comfort zone. Sadly, we have not challenged our thought processes to ask serious questions for intellectual discussions.
I am in USA. What you are saying is true in general. But "Us model is failing miserably" compared to best education systems not compared to the education system in SL. I would say US system is in middle whereas SL system is hitting the bottom. Education systems in Switzerland, Singapore, and Australia may be in the top. Also, good thing about USA is they are not hiding their failures and working towards better approaches. You need to understand USA is very different to Switzerland, Singapore, and Australia, in terms of history of slavery (African Americans have to struggle extremely hard), we need to take into account all these geo political and historical aspects too. Otherwise it is unfair to compare education systems. Having said this, I too agree the rest. I just wanted to share my point of view. Thank you.
I work at a USA University. I agree with you on US health care because it is relatively expensive and may not be affordable to some. But I read that Canadian and France’s insurance models are more affordable, but still, the quality of the USA is top-notch if you can afford it. (In France, insurances are sold by not-for-profit organizations; in Canada, the government & private companies finance the insurance.) The student debt crisis may be a political narrative except for some “African-Americans” and a few who borrowed from for-profit private organizations. The Dept. of Education loans are very reasonable, and no interest accumulates for a certain period. In addition, according to College Board, the US student received around $139 billion in scholarship grants (federal ($30B)+state + other) in 2020. The bottom line is Sri Lanka needs a system to absorb those who pass the A/L exam and want to pursue higher or technical education. We cannot do it without private & public partnerships + subsidized student loan programs.
In US any high school graduate has the oppotunity to persue higher education. Just after graduation or any time in life he or she thinks fit can start higher education. Of course it has a cost but the important thing is availability of the oppotunity. In Sri Lanka even those who are near the top tier who do not qualify for the full ride in the Government university system are left high and dry. It's only through a comprehensive public private partnership that this injustice can be corrected.
True. Guess that's their intention as well. Won't happen in a jiffy, but as we mature as an audience, it will become a reality, hopefully before we crown Namal.
I like the long-term loan system of UK’s higher education, where every student gets means tested assessment for eligibility for a loan and whatever the amount they get, they will pay back once they graduate, and get a job (salary deductible). If they decide leave (migrate) the country before the loan is paid off, they have to settle the full amount before leaving. Universities in turn gets the money directly for each registered student and it is therefore in the interest of that institution to provide a good, quality education to retain and recruit students
I am really looking forward to see these models practice in my mother land. I think the combination of private, insurance and public for basic needs, where the poor or accidental emergency services in health care. At the same time in education sector, both public and private schools with more practical learning curriculum and focusing for technical education where there is more vanue to satisfy our job market is the more needed model to my mother land.
I don't support giving student loans to non STEM streams. This will make every student graduating in Liberal Arts indebted without finding jobs to repay the student loans.
Attatama meka true kathawak man work krnne USA based RCM company ekaka medicaid medicare federal thama yanne godakma USA wala insurance categories and minissunta kamathi widiyakata insurance eka categorized kragannath puluwan marama loku industry ekak
No offense, I love you guys & your work & not forgetting your team including Abhisheka too. This session sounded like an amateur concept. I felt Like I was in the sixties/ seventies. Nothing to do with you guys but it’s sad to know that we are way behind compared to a majority of countries & I wonder what caused all to this disastrous situation. May god help Sri Lanka or if god ignores we will who would really seeks support with out a intermediate who really needs help. Words & advice needs to be appreciated & listening will qualify. Be blessed….
I don't usually comment. but I'd like to add something to your conversation. sad reality is people are getting dumb and dumb. lack of self confidence and lack of focus is the reason what happend to this country.
Rohitha Australian system is probably the best in the world and is similar to what they've mentioned here and seems like you are living in the US or SL which neither have an effective system
Guys, can you please do a live podcast which we can join with you as listeners? I would love to share with you also some suggestions that I have experienced. Eg. Clubhouse, Twitter space etc. then you can upload them to RU-vid 😊
Thank you to both of you great conversation hope to see you both much more frequently in this podcast 🙏👍👊 and thank you for sharing the knowledge to the young generation hats off ❤️❤️🙏🙏
We had system that our individual get government loans and payment at the end after receiving job . We abolished the system and gave cheap mahapola lottery funding. These are nations interest not business so please do not think in American pathetic model.
of cause those models are very practical. I think before execute models like this, need to change social mentality. also too much political interference MUST BE stopped....
REASON FOR ECONOMIC CRYSIS IS NOT CENTRAL BANK AS MANJU SAY. ITS GVT POLICY. CENTRAL BANK IS NOT RESPONCIBLE . FINANCE POLICY FINANCE MINISTRY IS RESPONCIBLE
YOU DIDN'T UNDERSTAND WHAT MANJU SAID. MANJU DID NOT SAY CENTRAL BANK IS THE REASON FOR THE ECONONMIC CRISIS, BUT HE'S SAYING THAT DECISION MAKING OF CENTRAL BANK CAN AFFECT HOW WELL OR POORLY THE ECONOMIC CRISIS IS MANAGED, RECOVERED, OR RESISTED IN THE COUNTRY. POLICY MAKING IS MORE ABOUT LONG TERM DECISION MAKING TO PREVENT SUCH A CRISIS IN A COUNTRY. BUT IN THE CASE THERE IS A CRISIS THEN THE ACTION PLAN OF CENTRAL BANK IS CRITICAL.
This is not controversial as it is applied in developed countries and proved successful. Once developed countries found the way to go by trial and error, we are lucky enough to simply copy it, but in the meantime compare how they adopted in countries like Russia and China
Great discussion! Regarding the government funded student loans, there should be a very effective and smart way to recover the loan, the normal bank loan repayment methods should not be used, objective should be to recover the loan without allowing the loan recipient feel that he or she is paying off a loan. One method which is used quite effectively by several countries is by applying a special Levi/Tax based on the income thresholds once the loan recipient start earning, first income threshold amount should not incur any levi/tax, once the income reaches subsequent thresholds then it should start incurring a levi/tax, this levi/tax will continue to incure until the full loan amount is recovered. By doing this the loan recipient doesn’t feel/ know that the loan is being repaid as repayment amount is not paid out of his pocket.
Insurance part.. Employers should do it for their employees.. They can deduct it from the salary and make sure all their employees are covered.. If the employees require, they can apply for their family members as well.. And that too can be deducted from their Salaries.. 50% of the issues will be covered..
Very interesting and informative discussion.Manu and Malinda presented the ideas very clearly so that any ordinary person can understand that we are not getting any service in hospital or schools free. Hope the people of our country realise the necessity of making these changes in the near future.Continue your good work.🙏 Ayubowan!
