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
Index Funds Are Under Attack
What’s up, Graham? It’s guys here, so I hope you’re sitting down for this because we got a lot to talk about today. First of all, it looks like the IRS has been listening to an awful lot of Sting lately because it’s apparent that they took inspiration fro…
Absorption and reflection | Waves | Middle school physics | Khan Academy
I’m showing you this beautiful picture of snow-capped mountains overlooking this alpine lake because there’s a lot of light moving around. Now we’re going to talk about the different ways that light can interact with different media. But what I’m talking…
How Hidden Technology Transformed Bowling
A portion of this video was sponsored by Salesforce. This is the biggest, most in-depth video about bowling ever. How bowling balls are made, the best way to throw them, maximize strikes, how the lanes are oiled, what it takes to be a pro, and how this sp…
Charlie Munger: Avoid These Mistakes and You Will Double Your Net Worth
The truth of the matter is that not everybody can learn everything. Some people are away the hell better, and of course, no matter how hard you try, there’re always some guy that achieves more—some guy or gal. And my answer is, so what? Do any of us need …
Risk.
Hey, Vsauce. Michael here. When will you die? I don’t mean you specifically, I mean the mean of you all - the average Vsauce viewer. By combining World Health Organization life tables with YouTube analytics for Vsauce viewers, we can calculate that the av…
Safari Live - Day 242 | National Geographic
This program features live coverage of an African safari and may include animal kills and carcasses. Viewer discretion is advised. Is why the inclement ride is such a firm favorite. Kito looks ready for a fight. This is still insane. Good afternoon, ever…