The curious thing is that here in Portugal, our school and education system is always compared to Finland, because there is the notion that "your" system is the better one and that we should adapt to your system.
I think school is important, but what i see nowadays in Portugal is that students have too many classes, too much extra activities and then when they get home they still have to do homework, and it ends up being quite stressfull for parents and the children to manage it all.
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As far as school systems go, Finland is pretty good but it is still the best of averages isn't it? they can all do so much better if they rethink it entirely in my opinion.
You're right, but in most rankings Finland is high up, so i guess you need to rethink less than we here in Portugal. Our main problem now is money to invest in education since right now we're starting to get off the crisis due to a huge increase in tourism and Portugal being in "fashion" to IT companies opening offices in Lisbon ;) Hopefully in the next years, people in decision places can make a big reflexion and see what they want for the future of the education system that will reflect in the future of the country.
I live in Finland and I am 18. My days consist of going to school for 7-9hours + school trips 0.5-1h, homework for 1-4 hours, sometimes more school work for a while and lastly a 1 hour long walk. We study 5-9 books in 6 week periods and it can be quite time consuming. It can be stressful but that's just the way of life.