If you study part time you will have time to support yourself, or to raise children, or whatever it is you need to do at the same time you are studying. But you will also take much longer to complete your studies. Those are the trade-offs.
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Merits of liberalization: It can lead to increased competition, innovation, and efficiency in industries, stimulate economic growth, attract foreign investment, and create more opportunities for consumers. Demerits of liberalization: It can result in job losses in certain sectors, widening income inequality, exploitation of labor, environmental degradation, and vulnerability to global economic shocks due to increased interconnectedness.
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Merits-Everyone is Equal. Demerits-Everyone is Equal.