Europe 2020, the EU's growth strategy for the coming decade, highlights higher education as a key policy area where collaboration between the EU and Member States can deliver positive results for jobs and economic development. In this context, Member States agreed a target that 40% of young people (aged 30-34) should have a higher education qualification or equivalent by 2020.
The main areas for reform identified in the new agenda are:
- to increase the number of higher education graduates;
- to improve the quality and relevance of teaching and researcher training, to equip graduates with the knowledge and core transferable competences they need to succeed in high-skill occupations;
- to provide more opportunities for students to gain additional skills through study or training abroad, and to encourage cross-border co-operation to boost higher education performance;
- to strengthen the "knowledge triangle", linking education, research and business and
- to create effective governance and funding mechanisms in support of excellence.