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
Bear Grylls shows Bradley Cooper how to cross a ravine | Running Wild with Bear Grylls
I see you looking across there. My hunch is we’re going to cross that sucker. It’s got to find somewhere to do it. Yes, that’s the thing that’s scary. It looks terrifying. You know, I’m pretty terrified of heights, but as I’ve gotten older, I really wante…
Why You're Doomed to the 9-5 Trap | Charles Bukowski
People simply empty out their bodies with fearful and obedient minds. The color leaves the eye. The voice becomes ugly, and the body, the hair, the fingernails, the shoes, everything does. Does this sound familiar? A long day looking in front of the compu…
How Did Michael Burry Predict the 2008 Housing Bubble? (The Big Short Explained)
Home ownership has long been the classic American dream, and throughout the decades, banks have continued to make new home loan products to help as many Americans as possible achieve that dream. Not to mention that governments as well have also been very …
The Wolf of Wall Street (Movie Commentary W/ @HamishHodder and Jason Hughes)
Maybe live right now and we’re on one second, two seconds, three. So, how we going, gents? Welcome in. Hey, Miss Jason, what’s cracking? Not a lot, going well? Yeah, good stuff here. Hey, we’ve got some COVID up here. Oh yeah? Yeah, that’s, you’re in Syd…
Theravada and Mahayana Buddhism | World History | Khan Academy
What I’d like to do in this video is talk about the major schools of Buddhism as it is practiced today. It can be broadly divided into Theravada Buddhism, which means “school of the elder monks,” and Mahayana Buddhism, which means “great vehicle.” Maha me…
The TRUTH behind why Tai Lopez ads are SO EFFECTIVE
Tai Lopez ads are some of the most effectively crafted ads I have ever seen. To make a video like this, I watched every single Tai Lopez ad I could from beginning to end just so I could better understand the fundamentals of what was really going on from a…