This final paper presents the meaning of neoliberalism as an ideology and its manifestation in the education system. Neoliberalism is a theory of political and economic practices that argues that human well-being will thrive the most if individual entrepreneurial freedoms and abilities are allowed to flare up within the institutional framework of solid property rights, the free market, and free trade. According to the theory of neoliberalism, state interventions in markets should be minimized because the state does not have enough information to justifiably question market signals. Privatization, the withdrawal of the state from many areas of social welfare, and deregulation are becoming more common than usual. Therefore, the proponents of the neoliberal movement today hold positions that have a significant impact in education as well. In the education system, neoliberalism is manifested through privatization, rapid changes within the system, payment of tuition fees, harmonization of university education according to market demands, skills development and the growing neglect of the social sciences and humanities. Therefore, the market is increasingly regulating the education of people according to current needs, and access to higher education is becoming more expensive and there is a stratification of people according to status. There is a growing need for young, flexible people who can easily adapt to a rapidly changing market. Numerous theorists in the social sciences and humanities have reacted to such a restructuring of education and have sharply criticized neoliberalism. The paper will present some of the most famous theorists and their attitudes towards the neoliberal turn in education.