Effect of Higher Education on Economic Development in Shandong Province

Shandong Province is a major economic and educational province. The most urgent task at present is to properly handle the relationship between higher education and economic development and properly solve the problems exposed by both sides in the course of development. Accomplishing this task efficiently is of great significance to promote the development of higher vocational education and economy in Shandong Province. The main purpose of this paper is to explore the relationship between higher education and economic development in Shandong Province, and how to make education better promote economic development. On the basis of previous studies, this paper makes a correlation and regression analysis on the level of economic development and the scale of educational development in Shandong Province in the last ten years. There is a significant correlation between education and economic development in the province, and the number of graduates has the greatest impact on economic development. According to the results of the study, the relevant counter measures and suggestions are put forward.