Most of the Olds population possess High school diploma or equivalent. This accounts for 27.79% of the population. No certificate, diploma or degree account for 22.17% of the Olds population. College, CEGEP or other non-university certificate or diploma account for 21.05% of the Olds population. Apprenticeship or trades certificate or diploma account for 12.88% of the Olds population. Bachelor's degree account for 8.09% of the Olds population. University certificate, diploma or degree above bachelor level account for 4.64% of the Olds population. University certificate or diploma below bachelor level account for 3.37% of the Olds population.
In Canada, education is seen as the most desirable route to earning a decent living and to enhancing personal growth and happiness. Educated people not only earn higher incomes but also contribute disproportionally to business innovation, productivity, and national economic performance. There is a strong and direct relationship between investments in education, educational attainment, and economic growth. A 2003 multi-country study from the European Commission found that if the national average educational attainment level is increased by a single year, aggregate productivity increases by 6.2 per cent right away, and by a further 3.1 per cent in the long run. Recent evidence also suggests that educated people make decisions that lead to healthier and longer lives. Education drives success.
|High school diploma or equivalent||27.79 %|
|No certificate, diploma or degree||22.17 %|
|College, CEGEP or other non-university certificate or diploma||21.05 %|
|Apprenticeship or trades certificate or diploma||12.88 %|
|Bachelor's degree||8.09 %|
|University certificate, diploma or degree above bachelor level||4.64 %|
|University certificate or diploma below bachelor level||3.37 %|