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Originally Posted by Scucca  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. |
I'm seriously wondering why you made it sound as if you disagreed with me when in fact you basically just reiterated what I said?
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Originally Posted by Scucca 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. |
Sorry, but wha? Why would universities give places to low ability students? Unless, of course, those students paid more than the government would for the same spot. This indicates that a free market economy system was probably what was actually required, as it usually is.
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Originally Posted by Scucca 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) |
Why did the old system fail and need to be replaced? It worked well. More emphasis is being placed on certificates these days than actual training and experience.