University graduates can find jobs twice as quickly as people without degrees, according to a new report that analyzes education data from 37 systems in Europe. The report, “Key Data on Education in Europe 2012,” covers elementary, secondary, and higher education and highlights major trends across all three sectors, such as the increasing autonomy of education systems throughout Europe from direct government oversight. Although more people in Europe now have university degrees, the report says that one in five graduates appear to be overqualified for their jobs.
The report also notes that a growing number of countries have introduced tuition fees for students, but says that the simultaneous introduction of financial aid and other support programs has mitigated the effects of the new charges. As a result, grants and loans for students “are a major strand of public expenditure on education and account for more than 16.7 percent,” according to the report.Return to Top