Why is there no economic return to high education?

In the 21st century, china”s education return rate remains stable at around 10%. It means that one year high education can get 10% more salary. The college’s education return rate even reaches at 40%. However, what made people surprised is that the high school’s education return rate is zero.

For Chinese students, the most hardest and busiest time is during high school. As s result of the lack of high education resources, students have to force fierce competition. gradually, Chinese high school education evolved into a n elite selection mechanism. Students must spend most of their time doing exercises rather than learn practical skills. Eventually, if a student fails in college entrance examination, he is incapable of any jobs. If these students choose to study at secondary vocational education school, they are able to find appropriate jobs easily. It reflected the irrational allocation of education resources in China. the Chinese government should realize that education is the priority.

Articlehttp://cn.wsj.com/gb/20121031/LHB081424.asp

picture:http://www.cenews.eu/?p=14131:

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