Quality over Quantity
Yesterday, in talking about the global decline in post-secondary non-tertiary enrolments, I made the point that rising dependency ratios mean tighter labour markets, which in turn makes higher education more expensive due to higher foregone earnings. This, I noted, would put pressure on higher education to reduce the length of programs. The push for shorter programs will come both from individual learners and from employers and government. For learners, it is because high wages mean high opportunity costs. From a