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Originally Posted by Happy Days  Of course there was fairness. You really miss the point that educated parents will lead to educated children. |
Its actually more involved than that. We have to factor in the consequences of wealth concentration. Indeed, as your hubby will be able to tell you, the human capital model predicts that (after controlling for ability differences) youngsters from a richer background will invest more in education. We also have to factor in basic inequalities at the secondary education stage, where the probability of achieving entry standards is hindered.
The impact of the increase in university places demonstrates nicely the inequities. Those places tended to go to low ability students from a middle class background, leading to reductions in social mobility.
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Young lads who left school at 16 were able to be employed by tradesmen who taught them the trade. That is how Britain trained its plumbers, woodworkers, electricians, etc. It was an excellent system.
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Apprenticeships? Our system virtually collapsed in the 70s/80s. However, it failed to eliminate our skill shortage problem and made little in-roads on our low skill equilibrium. Also the modern system is essentially modeled on the German system (which we lag behind)