The Organization for Economic Co-operation and Development (OECD) has released the 2010 edition of its annual publication Education at a Glance. The full text of the report can be downloaded here.
Canada continues to lead the OECD in terms of educational attainment amongst working age adults, with 49% of the Canadian population aged 25-64 having attained a college- or university-level education.
Across the OECD countries, individuals with a post-secondary education have a greater chance of being employed than others in the workforce. The report notes that the earnings premium for those with post-secondary education has been increasing in most OECD countries over the past decade. In 21 out of 31 countries, the post-secondary earnings premium exceeds 50%.
As noted in an article in today's Globe and Mail, 56.6% of Canada's spending on post-secondary education comes from public sources. The remaining 43.4% comes from private sources, including tuition fees. Households account for 44.5% of the private post-secondary expenditures while the other 55.5% comes from expenditures made by other private entities, such as private companies and not-for-profit organizations.
Tuesday, 7 September, 2010
Education at a Glance 2010
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