On Campus

Education at a Glance 2008

The Organization for Economic Co-operation and Development (OECD) has released the 2008 edition of its annual publication Education at a Glance.

Canada is still the country with the highest percentage of its population having completed post-secondary education. Almost half of the population (47%) aged 25 to 64 has completed either college or university. The OECD average is 27%.

Fifty-five percent of the Canadian population aged 25-34 has completed post-secondary education. This compares with an OECD average of 33%.

The report notes that, while Canadian post-secondary graduates have better employment prospects compared to individuals with lower levels of education, the earnings advantage gained from completing post-secondary education in Canada has decreased in recent years and is quite low compared to other OECD countries. This is reflected in the lower average private rate of return on investment in post-secondary education relative to other nations in the OECD.

The full report can be downloaded here in .pdf format.

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