The Demand for PSE: Never as Simple as You Think
The New York Times website had a great little graphic the other day about youth unemployment rates in urban China. It looked like this: Unemployment in Urban China, 20-24 year-olds For people who see higher education entirely in terms of “work outcomes”, this kind of chart is deeply perplexing. If higher education doesn’t pay, why do Chinese students keep lining up for university? There are really two sets of answers. First, one shouldn’t