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Posted on Higher Education
Created 21 June 2016

The growth in higher education across the world has been one of the most remarkable social transformations of the past 40 years. Back in 1971, the GDP per capita of South Korea was less than a dollar a day (about an eighteenth of that enjoyed by US citizens) and just 7 per cent of young people entered any kind of tertiary education.

Fast-forward to 2015, and almost every young person in the country enrols in tertiary education (which includes both three-year university degrees and shorter two-year courses like those offered by US community colleges).

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