Sunday, February 13, 2011

Education is the Key to Competitiveness?

Competitiveness is the new watchword of economic policy.  Education is the foundation on which competitiveness will be achieved.  Federal, state, and local governments have to invest more in education to improve outcomes.  Reform must permeate every level of schooling.


Billions have been poured into education and millions into think tanks and university centers of education to address the problem of sub-standard performance, especially when compared with our global competitors.

How has this been working out?  A report released on February 10, 2011, revealed that of the students in Rochester, New York, who graduated in June 2009, who entered high school in the 2005-06 school year, only 5.1% were prepared for college or a career.  The graduation rate was 46.6% (failure to graduate rate was 53.4%).

Rochester is not alone.  Graduation rates in Buffalo and Syracuse were 60.7% and 49.5% respectively and successful preparation for college or a career rates were 15.6% and 15% respectively.

To summarize, three upstate New York cities had dreadful graduation rates, and of those who did graduate, most couldn’t meet college entrance requirements or entry-level job market skills.

On these results, the U.S. is gonna “win the future?”  Against China and India?  Really?

1 comment :

Chick said...

Graduation rates may have little to do with economic growth. Cuba is highly educated, but is in the dumps economically. South India used to be the most literate of the country, but the poorest area. China is growing gangbusters, but its percentage of educated people is very low. Maybe market economics, and systems favorable to saving and investing explain growth more than graduation rates.