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What are the contribution of formal agencies of education?

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Answered by Anonymous
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The analysis reveals that extended participation in nonformal education (mainly vocational preparation courses) performs two important functions on the labor market: it directs participants to the technologically and organizationally more complex factories, and it tends to increase the chances of being contracted. The amount of formal education received, on the other hand, fails to appear as an important predictor for the acquisition of employment. It is suggested that the relationships between formal education and the industrial labor market are of a complex non-linear nature: an effect of ‘academic over-qualification’, likely to occur with white-collar aspirations which are valued negatively by employers, seems to militate against the assumption of a simple linear contribution of formal education to obtaining industrial employment.
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