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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: J_F_Shepard who wrote (685304)11/17/2012 10:13:24 PM
From: puborectalis  Read Replies (2) | Respond to of 1577113
 
Even before the Great Recession we had a mounting skills problem as a result of 25 years of U.S. education failing to keep up with rising skills demands, and it’s getting worse. There was almost a doubling of the college wage premium from 1980 to 2007 — that is, the extra income you earn from getting a two- or four-year degree. This was because there was a surge in demand for higher skills, as globalization and the I.T. revolution intensified, combined with a slowdown in the growth of supply of higher skills.

Many community colleges and universities simply can’t keep pace and teach to the new skill requirements, especially with their budgets being cut. We need a new “Race to the Top” that will hugely incentivize businesses to embed workers in universities to teach — and universities to embed professors inside businesses to learn — so we get a much better match between schooling and the job markets.

“The world no longer cares about what you know; the world only cares about what you can do with what you know,” explains Tony Wagner of Harvard, the author of “Creating Innovators: The Making of Young People Who Will Change the World.”

Eduardo Padrón, the president of Miami Dade College, the acclaimed pioneer in education-for-work, put it this way: “The skill shortage is real. Years ago, we started working with over 100 companies to meet their needs. Every program that we offer has an industry advisory committee that helps us with curriculum, mentorship, internships and scholarships. ... Spanish-speaking immigrants used to be able to come here and get a decent job doing repetitive tasks in an office or factory and earn enough to buy a home and car and put their kids through school and enjoy middle-class status. That is no longer possible. ... The big issue in America is not the fiscal deficit, but the deficit in understanding about education and the role it plays in the knowledge economy.”

The time when education — particularly the right kind of education — “could be a luxury for the few is long gone,” Padrón added.




To: J_F_Shepard who wrote (685304)11/18/2012 12:02:19 PM
From: Brumar89  Read Replies (1) | Respond to of 1577113
 
That's what the government wanted them to do ... they even REQUIRED them to do it.

unqualified people were given mortgage loans which the lending institution knew they couldn't afford