Although tertiary education is moving away from an elite system toward massification, the level of world poverty still remains high, in spite of the notion that education is a tool for social mobility. Economic globalization, and even regionalization, have expanded markets and increased [Page 441]interdependencies of various nation states across the world, establishing a global market for goods, services, and labor. Barriers to labor mobility have increasingly disappeared, and the supply and demand dynamics, especially for highly skilled competent and knowledgeable workers, is no longer bound to national labor markets. Structural issues related to tertiary education, a change in ideology for tertiary education, and the increased benchmark for labor, however, have reduced the capability of tertiary education to contribute to the reduction of world poverty. ...