Recently, Reuters columnist Zachary Karabell proclaimed that “The Youth Unemployment Crisis Might Not Be a Crisis.” Having spent much of the past several years writing about record levels of youth unemployment and speaking with hundreds of struggling young adults across the country, I was intrigued to say the least.
The Great Debate
Any examination of postsecondary education begins with the students. What careers do they seek? What kind of education and skills will enable them to pursue their dreams? How do we design and deliver education in a way that meets them where they are in their personal lives and careers? While students determine their own futures, institutions have a responsibility to deliver education in the most effective, efficient way possible — especially considering the federal government’s investment in making college available to all Americans. Today that investment is over $175 billion, including student loans, grants and tax benefits.
Educating girls and young women is not only one of the biggest moral challenges of our generation, it is also a necessary investment for a peaceful and poverty-free world. Until we give girls equal access to a good quality education, the world will continue to suffer from child and maternal mortality, disease and other byproducts of poverty.
In the late 1960s, a Stanford University psychologist began conducting his now famous “marshmallow test” to understand “delayed gratification” – the ability to wait.
There’s a national security crisis in U.S. education. I’m no history sleuth, but it must have come on fast just after February 2010. That’s when Secretary of Defense Robert Gates sent the last Quadrennial Defense Review up to Capitol Hill, with no mention of U.S. education at all. Two years later, in March 2012, Joel Klein and Condoleezza Rice issued a report from the Council on Foreign Relations that declared American education to be so failed as to put U.S. national security at risk.
In an election year, many issues vie for our attention. Complex matters like healthcare, social security, and taxes — that inspire endless opinions but have no easy solutions — are debated daily. One issue that we should all agree on without any debate: the need for financial education in schools. As a country we are failing in financial literacy. We owe it to our children to provide them with the best opportunity for a brighter financial future. By giving them a stronger grasp of the basic principles that can help them achieve their dreams — and avoid financial nightmares — we can help our nation as well.
By David Callahan
The views expressed are his own.
Nearly every day, if not every hour, some politician proclaims that taming America’s budget deficit requires “hard choices.” Strangely, though, few talk about perhaps the toughest dilemma facing the supercommittee, and the rest of Congress: How to reconcile the needs of old and young Americans.
By Thomas Cooley
The views expressed are his own.
The European debt crisis has put the banking system in peril and is threatening to end the grand European experiment. It is a test of whether European governments can find enough political common ground to find a solution to the problems created by sovereign fiscal policies in the periphery countries. Severe as the fiscal issues are, there are other problems that are likely to divide Europe into prosperous and stagnant zones for a very long time to come. The periphery countries have underinvested in human capital since the Euro was created and this will continue to exacerbate the economic division of Europe. Persistent inequality cannot be good for the stability of the union.
By RiShawn Biddle
The opinions expressed are his own.
Reuters invited leaders in education to reply to Steven Brill’s op-ed on the school reform deniers. Below is Biddle’s reply. Here are responses from Joel Klein, Randi Weingarten, Diane Ravitch and others.