Education expansion

The stunning expansion of higher education constitutes one of the biggest changes to the world in the past 100 or so years. In 1900, there were only 500,000 students in the world; today, the figure is 100m. From less than 1 per cent of school-leavers, the ratio has jumped to one in five.

While the level of higher education, and its quality, is not the same everywhere, the surge has happened across the world. One must look as far afield as Afghanistan under the Taliban to find a country that has significantly shrunk its higher education system in recent decades.

There has long been resistance among business leaders to the expansion of education. In 1899 in the US, the president of Stanford University felt obliged to dispel ...

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