INFLUENCE OF BUSINESS CYCLE ON THE COST OF EDUCATION ON THE ACADEMIC PERFORMANCE OF EDUCATION STUDENTS, UNIVERSITY OF JOS

Abstract

The objective of this study was to determine the influence of the business cycle on the cost of education on the academic performance of Education students, University of Jos. The research adopted the survey design method. The research design for the study was a survey. The population of students is 1580. The data were randomly selected from this population. From the sample, all the students in the three (3) units of the department were randomly selected, andthe sample size of 120 students was chosen. The instrument for data collection that guided the study was a structured questionnaire titled “Influence of Business Cycle on Cost of Education Questionnaire” (IBCCEQ).  The questionnaire consisted of 15 items. A four-point rating scale was used; it contains a list of statements to which the students respond. Findings revealed that economic recession has negatively impacted Nigeria's education system, particularly at the tertiary level. Most, if not all, inadequate and operational deficiencies point to one conspicuous causal factor: lack of resources as a result of the collapse of the economy. Furniture in most educational institutions is quite a challenge; desks, chairs, tables, and stools are broken. The study recommended that the government should provide the necessary funds to reduce the effects of the crisis on educational development, and concerted efforts and good attempts should be made by education stakeholders to maximize their allocated resources by the government