section_path: Demographics/Education
section_name: Education
paragraph_text: Education
  
  Taiwan is well known for adhering to the Confucian paradigm of valuing education as a means to improve one's socioeconomic position in society. Heavy investment and a cultural valuing of education has made the resource-poor nation to be consistently ranked to the top of global education rankings. Taiwan is one of the top-performing countries in reading literacy, mathematics and sciences. In 2015, Taiwanese students achieved one of the world's best results in mathematics, science and literacy, as tested by the Programme for International Student Assessment (PISA), with the average student scoring 519, compared with the OECD average of 493, placing it seventh in the world.
  
  The Taiwanese education system has been praised for its comparatively high test results and its major role in promoting Taiwan's economic development while creating one of the world's most highly educated workforces. Taiwan has also been praised for its high university entrance rate where the university acceptance rate has increased from around 20 percent before the 1980s to 49 percent in 1996 and over 95 percent since 2008, among the highest in Asia. The nation's high university entrance rate has created a highly skilled workforce making Taiwan one of the most highly educated countries in the world with 68.5 percent of Taiwanese high school students going on to attend university. Taiwan has a high percentage of its citizens holding a tertiary education degree where 45 percent of Taiwanese aged 25–64 hold a bachelor's degree or higher compared with the average of 33 percent among member countries of the Organization for Economic Cooperation and Development (OECD).
  
  On the other hand, the education system has been criticized for placing excessive pressure on students while eschewing creativity and producing an excess supply of overeducated university graduates. Many graduates consequently face unemployment or underemployment due to a lack of graduate-level jobs. Taiwan's universities have also been under criticism for not being able to fully meet the requirements and demands of Taiwan's 21st-century fast-moving labor market, citing a skills mismatch among a large number of self-assessed, overeducated graduates who do not fit the demands of the modern Taiwanese labor market. The Taiwanese government has been criticized for failing to adequately address this discrepancy in labor supply and demand.
  
  As the Taiwanese economy is largely science and technology based, the labor market demands people who have achieved some form of higher education, particularly related to science and engineering to gain a competitive edge when searching for employment. Although current Taiwanese law mandates only nine years of schooling, 95 percent of junior high graduates go on to attend a senior vocational high school, university, junior college, trade school, or other higher education institution. Many Taiwanese students attend cram schools, or buxiban, to improve skills and knowledge on problem solving against exams.
  
  Since Made in China 2025 was announced in 2015, aggressive campaigns to recruit Taiwanese chip industry talent to support its mandates resulted in the loss of more than 3,000 chip engineers to mainland China, and raised concerns of a " brain drain " in Taiwan.
  
  As of 2020, the literacy rate in Taiwan was 99.03 percent.