Europe is generally respected for its educated youth. The international community sees many European education systems as examples of educational best practice. In fact, Norway, Germany, Ireland and France are often included in the world’s best education systems. However, as a result of the economic and financial crisis of more than six years, the relevant public budgets of European countries have been significantly suppressed.
The consequences of budget cuts in education are manifold, including low quality of education and lack of access to tertiary education for people from disadvantaged backgrounds. This has led to a widening gap between rich and poor in European society, which in turn helps to promote itself as an elite education system. As public education in these European countries deteriorates, the situation is reflected in their respective rising unemployment rates.
The ongoing economic crisis in Slovakia has put considerable pressure on the public budget, resulting in a steady decline in the country’s education system. Education International highlights that the average salary slip for a staff member in the education system is only four hundred euros. This is in line with the OECD average. Public spending on educational institutions is relatively low as a percentage of GDP, which is about 4%. Furthermore, the time spent in education between the ages of 5 and 39 is the lowest in the OECD and G20 countries. This has resulted in an increase in unemployment rates in the country between the ages of 25 and 29.
The Hungarian government is making it difficult for students to avail financial aid for study assistance. A new rule enacted in September 2013 has cost twice as much to study there in Hungary. For this, people have been seen to be eligible for the state financial assistance required to work in Hungary. Of course, the idea behind this scheme is to reduce the country’s brain drain.
The foundation of any good education system is found in the quality of teachers. A worrying report by Education International has revealed that the salaries of Latvian teachers are the lowest in the whole of Europe, at 6,000,000 a year alone. The Latin government’s failure to recognize the value of teachers is having a significant impact on the quality of education received by citizens.
The decline in education has had a major impact on students, which has had a negative impact on student loans and government grants, as well as public funding for the curriculum. This has resulted in limited access to higher education. Especially affecting people from disadvantaged backgrounds.
Education International reports that Romania is the second-largest country in the world in terms of budget cuts since 2008, with a staggering 50 percent cut. In a successful education system investing in the quality of teachers is of paramount importance. Despite this, teachers’ salaries in Romania have dropped significantly by 25% in recent years. It is the second place after Greece where teachers’ salaries were banned in 2010 after a 30 percent pay cut.
Ukraine tops the list of Europe’s worst education systems. Despite the country’s adult literacy rate of 99.7%, the education system has been criticized for being outdated and irrelevant to the needs of the replacement labor market. The country is falling short mainly in the fields of mathematics and science. A report released by Forbes Ukraine notes that, in the field of management training, the World Economic Forum ranks Ukraine 116th out of 142 countries. An additional report by UNICEF states that at the beginning of the 2008 economic crisis, 296,000 children were out of school. Fund their education. This helps the already elite education system by backwarding those who can afford the expensive fees of class education.