The K-12 education system in the US needs a serious overhaul.
Our education systems needs to get an education itself. It needs to take some lessons from the business world which has learned that “the way we’ve always done it” is a recipe for disaster when the upstart competition is utilizing Agile methodologies of being quick to change and adapting to what works at the moment will change, and likely isn’t what worked 5, 10 or more years ago.
In the US our ROI on the money we are spending on the public education system is severely lacking. We used to lead the world, but there are many countries that have passed us by in recent years and decades.
The current ratio results vs. dollars spent is pathetic. The US currently spends more on education than any other country in the world, and yet we rank 25th in math, 17th in science and 14th in reading.
The former worldwide lead that they US held for decades has now fallen to 18th in proportion of student that graduate high school and that fact alone is costing our economy over $300 billion every single year in lost wage potential that is being outsourced to more skilled workers that those other countries are producing. Now we are not only outsourcing low skilled job, but because we aren’t producing as many high-skilled workers, we are starting to outsource those higher skilled jobs as well, and that will continue to grow and get worse unless we take a stand and do something about it.
Dan Rather Reports did a show (see a clip) on how Finland transformed their education system from pretty lousy with a majority of kids not even finishing high school to first in the world in only 30 years, and that wan’t even their goal. They just made a national decision that they wanted to provide a quality education system for their youth and skyrocketing to the top in worldwide education was just the byproduct.
I also found an interesting article on the topic posted on the Huffington Post. Here is a snippet:
If we used the same metrics in education that we do in business, the U.S. system would get an F when it comes to ROI. At $1.3 trillion a year, America is spending more on education than any country in the world…
Something doesn’t add up.
This should be of real concern to America’s corporate leaders. If the U.S. can’t compete in education, we will struggle to compete at all. By 2018, nearly two-thirds of new jobs will require some form of post-secondary education. That’s according to a recent report from the Georgetown Center on Education and the Workforce, “Without a dramatic change,” the report says, “the U.S. is on track to fall short of this need by a full three million workers.”
So the education crisis is not a public sector problem, and it won’t be solved by Washington alone. Building the workforce of tomorrow is our problem, too. And if we don’t see that now, we’ll be forced to face it soon.
What can business bring to the table?
You can read the full article by Laysha Ward here.
It seems like we are in a deep hole and need a significant overhaul of our education system, in addition to keep kids in school longer.
In a post from last week I discussed a study that says we need to produce workers with education beyond a high school diploma to the tune of an additional 150% beyond current projections.
What do you think the education system in the US needs to learn?
Post below to let me know what you think business can teach our education system and don’t forget to Like and Tweet about it too.
Have A Prosperous Day!