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Any celebration of the Business Roundtable statement is like spiking the football on the 50 yard line. The fact that the Business Roundtable made this statement simply underscores that they are putting shareholders first, “because it makes shareholders feel better.”
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When it comes to getting a good first job, students aren’t meeting prospective employers at five ceremonies (four weddings and a funeral) across a number of years. For most students, there’s only one ceremony – graduation – and the timeframe for employment serendipity is extremely limited. The result is often less four weddings and a funeral than four years and a funeral of underemployment.
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While adults in fast food jobs find themselves blocked from participation in the dynamic economy, they in turn are blocking teens from getting the summer jobs – the work experience and soft skills – that prior generations accessed as the very first rung of a career ladder. And without these summer jobs, teens are growing into underemployed 20-somethings. It’s America’s skills gap begetting a greater skills gap, and the skills gap becoming a vicious circle.
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I’m often asked why there aren’t bootcamps for non-technical skills. One reason is that there is an original boot camp for soft skills called summer camp.
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The challenge with extending employer-run apprenticeships is that not everyone is Kim Kardashian. An apprenticeship requires a willing employer – exactly the sort of thing someone with 143.2M Instagram followers is positioned to arrange.
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The Progressive impulse to incorporate debt forgiveness will prove to be the end of Free College’s happy days: the moment that Free College jumped the shark.
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The sad bloom of higher education liars and con artists that has attracted the attention of the American public, isn’t anomalous, but rather systemic – what happens when high pressure marketing and “yield management” practices meet deteriorating student outcomes and enrollment.
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American employers aren’t innocent bystanders to the dumpster fire that is elite college admissions. Many of the parents caught up in Operation Varsity Blues are employers themselves, and that their lying and cheating may by a byproduct of their own flawed hiring practices.
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Our colleges and universities were once an engine of social and economic mobility. Even if the engine is sputtering or stopped, by adopting new push or pull strategies American higher education can still become a much needed engine of geographic mobility.
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Higher education has benefited greatly by maintaining that grubby, professional licensure exams are somehow separate from high-minded degree programs. But for millions of students, it’s been an epic rip-off, and going on for far too long.
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