WB: Poor education holds back Philippines Points out unequal access to higher learning
"In a study, the multilateral agency said that there remains a significant gap between the labor requirements of companies and the quality of graduates produced by local colleges and universities.
"This gap, which has long been observed, must be addressed to maximize the potential of higher education in boosting the economy, said Emanuela di Gropello, World Bank lead economist and one of the authors of the study titled “Putting Higher Education to Work: Skills and Research for Growth in East Asia.”
"The study points to the need for research that will help bridge the gap between what employers need and what higher education institutions produce.
"This gap is most apparent in the services, export, and technology-intensive sectors, the study said."