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The Education Myth

Discussion in 'Issues Around the World' started by ethics, Jun 2, 2015.

  1. ethics

    ethics Pomp-Dumpster Staff Member

    More and better education may be desirable for all sorts of reasons. But education doesn't guarantee economic growth — at least, not the sort of education that happens in schools. "Most of the skills that a labor force possesses are acquired on the job. At most modern firms, fewer than 15% of the positions are open for entry-level workers, meaning that employers demand something that the education system cannot provide".

    Too bad the focus there is mostly on the West but a perfect and even better example would be Russia in the last 100 years. Superior education system and constant corruption of a country as far as potential vs. reality.

    The Education Myth by Ricardo Hausmann - Project Syndicate
  2. dsl987

    dsl987 Member

    I tend to agree, that's why we would be better off embracing technical schools and apprenticeships rather than putting all this emphasis on a 4 year degree.
    ethics likes this.
  3. Biker

    Biker Administrator Staff Member

    Embracing the new no-collar worker - The Globe and Mail

    And now we see why companies do this. It's not for the skill set. It's so they don't have to work as hard to find the best candidate. And the problem is, they probably rejected the best one because of the lack of that all important degree.

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