Original language | English |
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Title of host publication | International Handbook on Education Development in Asia-Pacific |
Editors | Wing On LEE, Phillip BROWN, A. Lin GOODWIN, Andy GREEN |
Publisher | Springer Nature Singapore Pte Ltd. |
Chapter | 56-1 |
Number of pages | 18 |
Edition | Live Reference Work Entry |
ISBN (Electronic) | 9789811623271 |
ISBN (Print) | 9789811623271 |
DOIs | |
Publication status | Published - 23 Aug 2022 |
Abstract
East Asia has experienced a significant increase in higher education enrollment in recent decades, the main consequence of which was the oversupply of university graduates for local and global labor markets. Intensified competition and mismatched employability further created new challenges for university graduates. This study critically examines how the massification and privatization of higher education in East Asia affect graduate employment in a country. Additionally, this study challenges human capital theory for overpromising that individual investment in higher education would result in prosperous career development and advanced social mobility for graduates. This research used a comparative data analysis of graduate employment in selected East Asian countries/regions to highlight the impact of intergenerational inequality on graduate employment and social mobility. Moreover, this study argues that an improved understanding of graduate employment can be achieved by considering the broad political economic perspective when analyzing intergenerational inequality and youth employment dilemmas.
Keywords
- East Asia
- Graduate Employment
- Higher Education
- Intergenerational justice
- Massification of higher education
- social mobility