India, China to lead with degrees, OECD report

China and India are fast becoming powers to reckon with in the global higher education arena.

According to the recent report from the Organization for Economic Cooperation and Development, the two countries will produce about 40 per cent of post secondary degree-holders by 2020. The United States and some European Union countries will produce about 25 per cent.

The report, part of the organization’s series Education Indicators in Focus, takes into account higher education graduates between the ages of 25 and 34 in OECD and Group of Twenty member countries -- 42 countries in total.

The gap between China and the United States -- the two leading producers of graduates in 2010, with 18 and 14 per cent  -- will be significant by 2020. China is expected to produce 29 per cent of all higher education graduates studied in the report, and the United States is expected to produce 11 per cent of all those graduates. India, which produced 11 per cent of graduates in 2010, is expected to overtake the United States and produce 12 per cent of the share of graduates by the end of this decade.