OECD urges nations to boost spending on education

Spending on education by countries around the world is rising but access to higher education remains unequal, says the latest OECD report, Education at a Glance 2012.

It says governments should increase investment in early childhood programmes and maintain reasonable costs for higher education in order to reduce inequality, boost social mobility and improve people’s employment prospects.

The report reveals stark differences between nations in the opportunities they offer their young people to enter higher education, notably for children of poor families or whose parents have had a limited education.

Releasing the report on Tuesday, OECD Secretary General Angel Gurría said nations needed an increasingly educated and skilled workforce in order to succeed in today’s knowledge economy. He said investing from an early age was crucial to lay the foundations for later success. Read More...