This chapter examines post-compulsory education choices and their long-term economic implications. It explores the factors influencing students’ decisions between vocational training and academic education, highlighting the role of labor market conditions, individual preferences, and expected returns on education. Empirical evidence shows that economic booms can reduce education continuation rates by increasing job opportunities for low-skilled workers. The analysis shows that vocational education provides a smoother school-to-work transition, particularly in countries with strong apprenticeship systems. However, academic education might yield higher lifetime earnings. The chapter emphasizes the importance of aligning education policies with labor market demands to enhance educational and employment outcomes.

错误:搜索内容不能为空,请输入英文关键词
错误:关键词超出字数限制,请精简
高级检索

Post-compulsory Education

  • Aitor Lacuesta,
  • Brindusa Anghel,
  • Marcel Jansen,
  • Ana Regil

摘要

This chapter examines post-compulsory education choices and their long-term economic implications. It explores the factors influencing students’ decisions between vocational training and academic education, highlighting the role of labor market conditions, individual preferences, and expected returns on education. Empirical evidence shows that economic booms can reduce education continuation rates by increasing job opportunities for low-skilled workers. The analysis shows that vocational education provides a smoother school-to-work transition, particularly in countries with strong apprenticeship systems. However, academic education might yield higher lifetime earnings. The chapter emphasizes the importance of aligning education policies with labor market demands to enhance educational and employment outcomes.