yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Government and Industry Must Work Together to Solve Our Education Crisis | Big Think


3m read
·Nov 4, 2024

It's unfortunate, but we are gonna be at least 50 to 57 million students short in terms of reaching that goal. But for us, it goes beyond just the number about access. If you actually extend that number and think about the number of children that are forced to opt out of secondary school, that adds another 70 million. Then, you actually look at illiteracy rates around the world and if you look at, you know, UN statistics, you're talking about 775 million young people that cannot read or write, mostly women and girls.

Then, you tend to add population growth dynamics in emerging markets where the examples I've always used are if you just look at Brazil, Russia, India, and China, you would need to add 10,000 schools every year just to keep pace with the incremental population growth. So, that doesn't take into account the fact that a place like India is short of 200,000 schools today. So, obviously, when you put all of those numbers into context, the scale of the challenge that we're looking at extends to well over a billion young people and is accelerating away from us. So, the time to act is now from our perspective.

What you realize very, very quickly is that governments on their own cannot cater to this requirement. You know that the voluntary sector, the NGO space, on their own cannot cater to their space. Private sector on its own can't do this either. What we absolutely see is that for us to address the size of the challenge, you have to look at much more collaborative, powerful partnerships between those three sectors in order to address the challenge.

I think the scale of the challenge essentially means that we have to find rapid solutions to scaling a quality education. So, it isn't just about access but it's about attainment as well. I think one of the things that private sector with certainly the right values and the right objectives does have the incentive and the opportunity to scale a sustainable solution at pace. But again, private sector on its own will only ever be able to cater to one small component of the demand.

I think governments, and especially what we would consider governments that have the foresight and the vision specifically to kind of throw aside the old intellectual debates about public versus private or just where the voluntary sector gets involved, they actually have the ability to encourage and nurture these powerful partnerships. So, from our perspective, private sector on its own can't cater to this challenge.

We do need the support of visionary governments. But actually, the one group that needs to perhaps do more is actually industry. And today if we think about global aid that goes to various initiatives, actually aid towards education still represents a fraction - so 600 million dollars only globally. And today, when you address the challenge that our young people are not coming out with the skills that they need in order to be able to access employment, that is actually a challenge that private sector within industry needs to pick up.

The reality is without that support you are still gonna have a huge mismatch between the jobs that are available and the jobs that industry needs in order to drive sustainable economic growth versus actually the skills and attributes that our children come out with.

More Articles

View All
Golden Age of Athens, Pericles and Greek Culture | World History | Khan Academy
In other videos, we’ve already talked about how Classical Greece has had an immeasurable impact, not just on Western Civilization, but on civilization as a whole. In order to understand the period that we call Classical Greece, it’s valuable to place it i…
Area between a curve and and the _-axis | AP Calculus AB | Khan Academy
So right over here I have the graph of the function y is equal to 15 / x, or at least I see the part of it for positive values of X. What I’m curious about in this video is I want to find the area not between this curve and the positive x-axis. I want to …
Tom Preston Werner at Startup School 2012
Hi everyone! It’s awesome to be back here. Was here in 2010, two years ago. Lots changed since then. I’m actually gonna put this on the ground. This is my timer. You see, part of being a founder of a company is solving your own problems. So, I was thinki…
Subtracting vectors with parallelogram rule | Vectors | Precalculus | Khan Academy
In this video, we’re going to think about what it means to subtract vectors, especially in the context of what we talked about as the parallelogram rule. So, let’s say we want to start with vector A, and from that, we want to subtract vector B. We have v…
15 Things You Didn't Know About FENDI
Fifteen things you didn’t know about Fendi. Welcome to A Luxe Calm, the place where future billionaires come to get inspired. Hello, Alexers! It’s nice to have you back for another original brand video. We love iconic luxury brands, and you don’t get much…
Why Machines That Bend Are Better
What do this satellite thruster, plastic tool, and micro mechanical switch have in common? Well, they all contain components that bend, so-called compliant mechanisms. This episode was sponsored by SimpliSafe. More about them at the end of the show. Now …