Higher education allows earn up to 1.7 million euros more to … – Express

Take a degree pays off and the benefits are well proven by the difference in pay between those with a diploma and who is at lower levels of education. Comparing winning a licensed throughout their working life (between 20 and 65 years) with winning a worker who has not gone beyond the 9th year accumulated wage gap is at least EUR 1.7 million.

And even if the comparison is made for someone who has the full 12, the pay differentials remain high: almost 1.3 million euros more after a life professional. The figures were released Tuesday by David Justino, president of the National Council of Education in Education Conference 2020 – Agenda for a legislature, organized by the Association of Entrepreneurs for Social Inclusion (EPIS)

The calculations were made by Mário Centeno, an economist at Bank of Portugal, at the request of the CNE, from the evolution of the real average wage by level of education and age in the private sector. The differences show that Portugal remains “a country of doctors,” said David Justino. And show that in addition to the retention costs for the education system (estimated at 600 million euros for the set of 150 000 students who flunk every year), there are even more relevant costs for each youth who do not complete a teaching cycle more.

Students not flunk because of exams
president of the National Council of Education and former Minister of Education again reminded the numbers “intolerable “presented this month about the reality of school failure – to 15 years one in three students already chumbou at least once in primary education and 40% of secondary school students had an average of 2.25 years later than the normal retirement age conclusion – but made it clear the position taken by this advisory body.

“The CNE has never spoken to abolish the tests. Moreover, we demonstrated that the effect of examinations retention is absolutely residual. What is at issue is the effect of learning and the need to early intervention at the first signs of trouble, “argued David Justin.

According to the CNE accounts at year 4 for example, only 0.53% of the Portuguese had negative for poor performance in exams. On 6 and 9 years, the percentages are even lower.