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Media Coverage Feb 2018

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Why governments have overestimated the economic returns of higher education


Automation and globalisation have brought drastic changes to Western labour markets. A study by Carl Benedikt Frey and Michael Osborne estimated that 47% of jobs in America could be automated over the next two decades. This article explores the idea that governments may be overestimating the economic benefits of higher education.

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Carl Benedikt Frey
Michael Osborne
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