Education in Greece

  • Higher earning Why a university degree is worth more in some countries than others

    AFGHANISTAN, 2016/12/11 A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree. The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.

  • The left-wing government aimed a new tax at the rich. It hit the poor instead

    GREECE, 2015/11/01 BEFORE Greece’s snap elections in September, the outgoing left-wing government laid out plans for a price-added tax of 23% on private education. The measure, dreamed up by the governing Syriza party as an alternative to raising tax on beef, featured in their manifesto as a blow against plutocracy. It looked like a double win that would instantly please creditors and demonstrate the government’s commitment to helping the underprivileged. Unsurprisingly, it did neither. Some of the country’s reasonably priced private schools were forced to close, leaving staff jobless. Elsewhere, fees rose. Those affected were not just rich families. Greece has additional than 300 full-time private schools, attended by about 6% of school-age children, a lot of of whom come from middle- and lower-gain families. With tuition fees as low as €2,500 ($2,750) a year, some operate in working-class areas and attract parents who are keen to give their children a leg up.
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