Cyprus Updates points to several studies, one of which indicates how much money people in Cyprus spend on compensating the poor quality of public education.
In Cyprus, tutoring consumed €111.2 million in 2008, of which €30.5 million was for children in primary schools, and €80.7 million was for students in secondary schools.
For me, it reminds and aligns with many of those things Sir Ken Robinson discusses in his talks. The world is changing very fast and education system should keep up with these changes.
[youtube=http://www.youtube.com/watch?v=zDZFcDGpL4U]