Education and the labor market

There has been plenty of discussion regarding the fate of thousands of graduates unable to find employment after university. Youth unemployment in this country has reached extremely high, alarming levels.

To a large extent, in the last 30 years, Greek universities and technical colleges became disengaged from the market place and the country’s real economy, while the idea of adjusting education to production needs was nothing short of blasphemous. Of course there are some shining exceptions.

However, the majority of graduates were educated based on outdated theories and subjects. Schools for tourism studies, for instance, were left to decay and have little to offer.

The time has come to take a look at higher education from a new perspective. While the target of a very high level of education remains, let’s not forget we’re preparing young people to enter a particularly tough labor market.