以下文章来源于人神共奋 ，作者思想钢印 人神共奋 . 财经专栏作家，虎嗅&雪球2020年度十佳作者 本文来自微信公众号： 人神共奋 （ID：tongyipaocha） ，作者：思想钢印，题图来自：AI生成 一、看似投资，实为投机？ 教育是一项长远的投资，这个理念已经深入人心，特别是在中国这个全球最注重家庭教育的国家，但 如果从投资的定义来看，教育并不是投资，而更像是投机。 首先要给一个大家都认可的投资与投机的区别，下面的两组观点，你觉得哪一组更属于投资而不是投 机？ 很多人认为教育是投资，因为回报的差异是明确的，985高校毕业生的平均起薪，可能是普通双非本 科的一倍以上，未来还会越拉越大。 A：买彩票，希望中大奖 B：指数基金长期定投 A：买ST博重组，希望短期快速翻番 B：买入红利基金，希望获得长期的股息回报 A：听别人的小道消息，买入所谓有"内幕"的公司 B：对上市公司进行大量基本面的研究，并制定详细的投资计划 虽然投资与投机没有绝对的界限，但每一组的A明显都比B更符合投机的特点： 投资：回报概率高、风险相对可控，有确定性，同时决策过程也是理性。 投机：风险大、结果不确定，可能高收益，也可能大亏，或者决策 ...

一、看似投资，实为投机？ 教育是一项长远的投资，这个理念已经深入人心，特别是在中国这个全球最注重家庭教育的国家，但如 果从投资的定义来看，教育并不是投资，而更像是投机。 首先要给一个大家都认可的投资与投机的区别，下面的两组观点，你觉得哪一组更属于投资而不是投 机？ A：买彩票，希望中大奖 B：指数基金长期定投 投机：风险大、结果不确定，可能高收益，也可能大亏，或者决策过程很随意。 对照这两个特征，教育其实更近似于投机而不是投资。 很多人认为教育是投资，因为回报的差异是明确的，985高校毕业生的平均起薪，可能是普通双非本科 的一倍以上，未来还会越拉越大。 但投资考虑的不是回报，而是投入回报比。如果有一个方法，可以保证你家孩子考入985/211，未来拿 高薪，那教育当然算投资，可存在这样的方法吗？就连大概率考上的方法都不存在。 高学历的家长付出十几年的时间，搞坏了亲子关系，最后子女学历仍然是不确定的；花几百万去欧美留 学一圈，回国能提高的收入，大概率赚不回学费钱，想留下，更是小概率事件。 A：买ST博重组，希望短期快速翻番 B：买入红利基金，希望获得长期的股息回报 A：听别人的小道消息，买入所谓有"内幕"的公司 ...

本文来自微信公众号：巨潮WAVE （ID：WAVE-BIZ），作者：侯恬，头图来自：AI生成 教育，历来是中国家庭最舍得投入的领域。 尤其是当代大城市里的中产阶层，大多是第一代通过高考和大学完成阶层跃升的人。他们亲身经历过"好学历带来好工作"的红利期，教育帮助他们进入城 市和写字楼，乃至于进入到更高的社会层级，因此他们深知教育的重要性。 于是，中产们的教育支出一路走高。根据《中国教育消费市场分析报告2024》，中国家庭在子女教育上的年均支出已达4万元，其中一线城市许多家庭年 均教育支出超10万元。 内卷的升级却让这种投入的回报不断下降——高考依旧是千军万马过独木桥，每年千万考生挤向有限的顶尖院校名额，即便是持续高投入，如果孩子缺乏 天赋或努力，结果依然可能不尽如人意。 一部分有经济能力的家庭，开始转向新的卷法：送孩子读国际学校。避开竞争激烈的高考赛道，转向国外学校或国内的国际本科，成为一条被越来越多中 产家庭选择的"旁路"。 与国内公立教育不同，国际学校不再以考试分数作为唯一评价标准，而是强调跨学科能力、批判性思维与实践探索，课程设置更加灵活，学习节奏也更开 放，学生拥有更多自主选择与时间管理的空间。这正中了 ...

Group 1 - Croatia has improved its ranking in the 2025 World Talent Ranking, moving up four places to 47th position [1] - Switzerland remains the top country for attracting and retaining talent among 69 economies, followed by Luxembourg and Iceland [2] - The Croatian Employers' Association noted that the rise in ranking reflects the effectiveness of investments in education and an increase in labor supply, although Croatia scores low in attracting foreign skilled talent and faces ongoing domestic expert outflow [2] Group 2 - Croatia ranks 26th in investment and development, with public education spending at 5.3% of GDP, placing it 15th [2] - The student-to-teacher ratio in secondary education ranks first, indicating a smaller student population relative to teaching staff, while primary education ranks 14th [2] - Croatia's attractiveness ranking is 58th, with high scores in living costs (17th) but low scores in worker motivation (65th), talent outflow (65th), and appeal to foreign skilled talent (66th) [2]

Core Viewpoint - The article discusses the changing landscape of education in China, highlighting a shift in student preferences towards practical and employment-oriented choices rather than traditional prestigious institutions. This reflects a broader transformation in the education system amid a complex job market with a record number of graduates. Group 1: Changing Preferences in Education - High-scoring students are increasingly opting for less prestigious universities with better employment prospects over top-tier institutions with less favorable job outcomes [4][6][7] - The number of college graduates in China reached a record high of 12.22 million, leading to a complex employment situation for graduates [4][6] - The traditional view of prestigious universities as the primary path to success is being challenged as students and parents become more rational in their choices, focusing on the alignment of majors with job market demands [7][8] Group 2: Employment Market Dynamics - The employment market has undergone significant changes due to macroeconomic factors, affecting the job prospects of graduates in certain fields, particularly in industries like real estate and education [7][9] - The expansion of higher education has led to a situation where the supply of graduates exceeds demand, resulting in a decline in the return on investment for a university education [13][14][15] - The average salary of college graduates has decreased relative to the average salary in society, indicating a growing disparity in employment quality [16] Group 3: Skills and Education Reform - There is a pressing need for educational institutions to adapt their curricula to better prepare students for the evolving job market, emphasizing practical skills and interdisciplinary learning [10][11][27] - The importance of soft skills, such as communication and teamwork, is increasingly recognized as essential for employability in the modern workforce [28][33] - The article suggests that universities should focus on enhancing students' adaptability and lifelong learning capabilities to meet the demands of a rapidly changing job market [10][11][39] Group 4: Future Opportunities and Challenges - The rise of artificial intelligence and automation presents both challenges and opportunities for the job market, with predictions of job displacement in certain sectors but also the creation of new roles [30][32][34] - The aging population in China is expected to drive demand for jobs in the care industry, presenting new opportunities for graduates [24] - The article emphasizes the need for a comprehensive approach to employment policies that align with educational reforms to address structural employment issues [37][39]

Core Points - The article discusses the political situation in Davao City, Philippines, following the imprisonment of former President Rodrigo Duterte, leading to his son, Sebastian Duterte, automatically assuming the role of acting mayor [1][3][4] Group 1: Political Transition - Sebastian Duterte has automatically taken over as acting mayor of Davao City, replacing his father, who is currently imprisoned at the International Criminal Court in The Hague [1] - According to Philippine election law, Rodrigo Duterte retains a six-month grace period to assume office; failure to do so will result in a permanent vacancy [1][3] - This situation marks the first time in Davao City's history that the government operates normally without an active mayor [1] Group 2: Family Political Dynamics - The Duterte family has consolidated power in Davao City, with multiple family members holding key government positions [4] - Sebastian Duterte emphasized the importance of educational investment and pledged significant budget allocations for scholarships during his swearing-in ceremony [4] - The family is navigating legal challenges regarding Rodrigo Duterte's ability to take office, with ongoing discussions about potential arrangements for him to swear in [3][5] Group 3: Legal and Judicial Context - Rodrigo Duterte's legal team has requested temporary bail from the International Criminal Court, citing humanitarian grounds due to his age [6] - The prosecution has opposed this bail request, questioning claims of no flight risk made by Duterte's lawyers [6] - The situation reflects broader implications for the Philippine judicial system and the political landscape, as family members continue to assert their influence [5][6]

Core Viewpoint - The article discusses the importance of making informed decisions regarding education and career paths for students, particularly during the graduation season, emphasizing the need for strategic planning and understanding of current educational trends [3][4][6]. Group 1: Educational Trends - The traditional benefits of education are diminishing, with a shift from degree-based advantages to a focus on skills and technology [4]. - Parents are encouraged to enhance their understanding of education, consider their children's interests, and focus on STEM subjects and potential high-ranking urban universities [4]. Group 2: International Education - The article highlights the changing landscape of international education amidst globalization and reverse globalization, addressing the need for families to navigate information asymmetries regarding study abroad options [6]. - It emphasizes the importance of planning for international education from an early age, selecting appropriate agencies, and matching study abroad plans to different budgets [6]. Group 3: Personal Development - The significance of self-marketing and building core competencies during university years is underscored, as these skills are essential for modern students [8]. - The article suggests that students should focus on academic, career, and personal development planning, including internships and certifications, to establish a suitable growth path [8].