Higher education is a powerful driver of long-term growth. Evidence shows that economies with higher numbers of graduates in their population also have higher economic growth.
In other words, as well as being a profitable choice for the individual, investment in higher education is profitable for the economy as a whole and its capacity to improve living conditions.
Europe needs to expand the number of people who have qualifications at higher levels. While the number of low-skilled posts in the European economy is predicted to decline by around 20% in the decade up to 2020 and medium-skill jobs will increase by 5%, demand for higher education graduates is set to increase by 20%. (...) - University World News, Margaret Waters,14 October 2012