The Quality of Education at a Key Factor of the Population’s Living Standards (Exemplified by the Statistical Analysis of the Canadian Education System)

The Object of the Study. Canadian system of education The Subject of the Study. Conditions and factors of post-secondary education in Canada, its impact on the individual students ' educational and professional pathways, their academic success and educational attainment as a basis for achieving the desired quality of lifeThe Purpose of the Study is analyzing longitudinal experiments data carried out by Canadian researchers to identify the interrelation of the living standard and educational trajectories developed by graduates of different school types, as well as the data placed on the Longitudinal platform of education and labour market and the official website of the Canadian national statistical agency reflecting the socioeconomic situation of different groups of young people in Canada, their success in the given educational and professional environment.The Basiс Theoretical and Empirical Aspects of the Article: The article offers an analysis of a number of statistical longitudinal observations carried out by Canadian researchers on the situation of the country`s educational system, the impact of education in private schools on the Canadian youth’s further academic achievements and professional success in comparison with the situation in public schools, in particular; on the role of the educational level of students’ parents as a factor determining a subsequent professional success of the young Canadian generation; the actual financial conditions of the Canadian higher education ,and the current dependence of a young professional’s living standards on a specific educational area.