Mr. Twister

О важности образования

Asia Times -- An explosive report released by the Chinese Academy of Social Sciences (CASS) in September said earnings of graduates were now at par and even lower than those of migrant laborers. The news came as a blow to many high-aspiring parents and youngsters in a country that has for centuries prided itself on cultivating elite Confucian intelligentsia.

Enrollment rose quickly, from 3% of college-age students in the 1980s to 20% today. The trend coincided with a very public effort by Beijing to begin a process of retooling its manufacture-driven economy into a high-knowledge economy.

But even when the economy was booming and creating more jobs, Beijing was struggling to find employment for its growing number of diploma holders. Many Chinese graduates major in computer sciences, law and accounting, but the real demand was to fill specific technical fields.
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