Better Education Boost Equity and Growth

A new OECD report, “Equity and Quality in Education: Supporting Disadvantaged Students and Schools,” recommends that governments should invest more in disadvantaged schools and students to ensure that everyone gets a fair chance. The study states that helping those in need would reduce school failure, boost economic growth and contribute to a fairer society.

Today many students lack basic skills, as measured by PISA, and an average of one-in-five students across the OECD drops out of the education system before finishing upper secondary. Dropout rates range from 2 percent in Korea to 58 percent in Turkey. Greece, Iceland, Italy, Mexico, Portugal and Spain have dropout rates of 25 percent or higher. Leaving school this early means that students lack the skills they need in today’s job market, warns the OECD.

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