Lithuanian universities have become diploma selling shops. No serious research work (where are the Nobel Prizes?), no effort to hire better teachers (what are all those retirees doing over there?). Advertising, collection of money given by the state and money given by the banks to students (also state-guaranteed loans) and distribution of worthless diplomas. That is it.
What to do? Extraordinary solutions are needed to get out of this swamp. One possible way to do this is for the state, rather than state universities, to collect those money given to the universities by the state and those state-guaranteed loans. The state could then pay that money to the universities, not for the number of students admitted, but for the actual results of university's work - the earnings of people who have been employed in their profession and are repaying debts after graduating from our universities. Every Lithuanian university's boss would have to move their tush and find out what kind of occupations the European Union economy needs to fill in now. More serious Lithuanian businessmen, with many well-prepared Lithuanian people around, might be able to lead Lithuania out of the middle-income trap.
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