Regardless when you attended college, much of what is learned occurs separate from the classroom, and is connected to the social impact of learning. Today students are struggling and surrounded by economic doom and gloom, and higher education survival is critical to our entire nation’s economy. Enrollment is down, higher education costs are skyrocketing; having the best-educated Americans is not a priority.
Today as education consumers, we are beginning to import more students than our homegrown version. This economic college and university strategy has created an American talent decay that affects the entire United States in the areas of engineering, technology, and manufacturing. This is not the college and universities fault, they are struggling to fill seats, and their solution takes them to where the students are, outside our borders.
With the clear direction that our current economic strategists, such as leaving the world better than they find it; instead, economic leaders have focus on strategies help the few get rich, at such an overwhelming cost to the rest of us. You cannot help wonder what has become the primary teaching in the top business schools, perhaps “Gluttony 501!”
In a devastating economy, developing renewed higher education success is critically dependent on cultural adaptability. Cultural adaptability is a rediscovering process critical to the survival of any business; yes, higher education is a business. Colleges and universities have learned to adapt. An article from the NY Time February 5, 2012 talks about freshmen that come from abroad, most from China, each pays tuition three times as much as students from United States and the classrooms are full. The US Bureau of Labor Statistics reported the impact of higher education comes in the form of lower unemployment rates. For example; a person with a high school diploma 10.3% unemployment rate (UR), associate’s degree 7.00% UR, bachelor’s degree 5.4% UR, master’s degree 4.0 UR, and doctoral degree 1.9% UR.
Foreign countries have invested heavily in higher education to improve their unemployment statistics and improved their engineering, technology, and manufacturing bases at the same time; a very smart economic strategy!
What we know for sure the education markets will continue to evolve, and the amount of market change is unknown; what is clear is that “The Markets Drive the education spending, and the education spend drives our economy” and college and university resiliency are vital to capture this market change. When self, influenced by rediscovery, the higher education industry adapts to stay alive, at the cost of the US talent base, with a US unemployment average of 8.3% we have some work to do.
All the books that have been written about the rediscovering process can be summed up into one rule; “Rediscover, rediscover often, and never stop rediscovering and the natural by-product becomes success!
by AMERICAN WRITER Dr. Pietro Savo Tradition Books Publication © 2012
Manufacturing Research Practitioner ™ by Dr. Pietro Savo
Dr. Pietro Savo E-Mail Link email@example.com
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