The U.S. also pioneered innovations in university education, land ownership, home ownership and individual rights.
Mauritius, the second-highest-ranked Sub-Saharan economy, also scores poorly on university education and labour markets.
The British government should cease paying for the university education of able students from poor families.
Second, some governments can readily cut the cost of university education without harming quality.
As Britain crawls out of recession and jobs remain scarce, demand for university education has been soaring.
Someday the university education system will simply price itself out of business and save us all a lot of grief.
Germany has the added attraction of dispensing university education free to foreigners as well as to domestic students.
The problem, according to the Education for Employment Foundation (EFE), is that university education does not match employment needs.
In Madagascar, only 9% of the school population goes on to university education.
Many more qualified people than I have espoused the virtues of starting a company over pursuing a traditional university education.
Their pampered predecessors, thanks to the then rarity of a university education, had been sailing effortlessly into prestigious, well-paid positions.
And we want all of it at a far cheaper price than what currently passes for reasonably priced university education.
One sum went to pay for a colleague's eye surgery, and another to help out with a nephew's university education.
Then there is university education, where courses on entrepreneurship are offered, and opportunities for students to develop and commercialize technology are emerging.
Since the 1980s the price of university education in America has risen by 440% and the cost of medical care by 250%.
But despite a successful career in the police, Mr Borkenstein felt he had missed out by not having had a university education.
Earlier this week, Times Higher Education ran a big story on the apparent decline in the relative economic returns to university education.
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