China’s Higher-Education Glut
In its push for universal higher education and greater status on the world stage, China is stringing its young people along with the promise of high-paid, meaningful employment after college. It is a promise that China's economy will not be able to fulfill for a very long time.
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MILAN – China has always valued education, reflecting its Confucian tradition, according to which one must excel scholastically to achieve high professional and social status. But today, the country is stricken with what some call “education fever,” as middle-class Chinese parents demand more schooling for their children, and as young people seek ways to avoid the drudgery of factory life.