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EDUCATION IN  THE  EU:  THE  PLACEBO  OF  DIPLOMA.  THE  CASE  OF   SLOVENIA  AND  LITHUANIA     A   university     degree   was   generally   considered   a   value   throughout   the   modern   times.   In   Europe   and   throughout   the   world.   But   is   it   still?   Recent   changes   in   “young”   European   countries   that   restored   their   independence   two   decades   ago   imply  some  different  situation.   Slovenia   went   out   of   the   autocrative   federation   of   Yugoslavia   at   the   same   time   that   Lithuania   left   Soviet   Union   –   at   1991.   Since   then,   both   countries   have   undergone  a  big  change  in  the  their  educational  systems  with  constant  increase   of   the   people   with   a   diploma.   However,   this   does   not   imply   that   educated   people   became   more   competitive   in   the   free   market.   On   the   contrary,   both   countries   have   significant   problems   regarding   the   correlation   between   the   number   of   university  graduates  and  youth  unemployment.   Though  the  placebo  of  diploma  effect  has  quite  different  roots  in  both  countries,   it  is  nonetheless  one  of  the  biggest  reasons  for  youth  unemployment.  Having  in   mind   that   the   numbers   are   as   high   as   23%   in   Lithuania   and   27%   in   Slovenia   and   rising   this   calls   for   an   immediate   action.   The   article   argues   on   justifying   the   idea   that  non-­‐formal  education  might  be  the  cure  to  the  placebo  of  diploma  effect.  

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