Bootcamps are proving to be an invaluable resource for US employers who are looking for strong candidates to fill the millions of job openings that have gone unfilled due to lack of degree, certificate or skills. However, bootcamps are inaccessible for most Americans. How can someone afford to spend between $10,000 to $20,000 on a program when they barely make $20,000 in a year?
How much value do alternative credentials truly have for students? Are bootcamps truly on an even competitive playing field with traditional higher education institutions? According to Richard Garrett, we’re not there yet but, in the long term their focus on short-term benefits and demand responsiveness could lead to a longer-term shift in the powers of each respective credential.
The goal was to get universal secondary education by 2030, but a report by UNESCO shows that universal upper secondary education likely won’t happen until 2084. The type of education that children are receiving is not preparing them for future challenges, Reuters reports. UNESCO would like to see more emphasis on teaching students about how to be global citizens and be concerned with areas outside of their immediate surroundings.
Corporations are victims of the great training robbery. American companies spend enormous amounts of money on employee training and education—$160 billion in the United States and close to $356 billion globally in 2015 alone—but they are not getting a good return on their investment. The problem? Training programs do not facilitate organizational change. If the system does not change, it will set people up to fail.
The World Economic Forum’s Future of Jobs study predicts that 5 million jobs will be lost before 2020 as artificial intelligence, robotics, nanotechnology and other socio-economic factors replace the need for human workers. The good news is that those same technological advances will also create 2.1 million new jobs. Maths ability will get you a job, says Harvard's Davis Deming. As long as you've got the social skills to go with it.
Despite the hype around a few incredible dropout success stories, the vast majority of startup founders complete college. A new ranking uncovers which schools produce the greatest number of VC-funded founders. The report, Top 50 universities producing VC-backed entrepreneurs, points out that, while the most famous schools might produce the most successful founders, the vast majority of entrepreneurs have more down-to-earth names on their degrees.
Ask people what’s wrong in American higher education, and you’ll hear about grade inflation. Across 200 colleges and universities, over 40 percent of grades were in the 'A' realm. But the opposite problem is even worse: grade deflation. It happens whenever teachers use a forced grading curve. Turning college into a zero-sum game hurts their chances of succeeding after graduation.
Coursera announced the launch of a workforce development platform, Coursera for Business. The platform will offer many of the same courses found on Coursera's learner-facing platform, but "curated" to a company's training needs. Axis Bank, BNY Mellon and L’Oréal are some of Coursera's first corporate customers.
Today’s students have high expectations from their postsecondary experience, especially when it comes to outcomes. Learners are looking to complete their education and gain the basis for a high-paying job that leads to a career. However, the focus of many institutions remains on degree completion and transfer. In this interview, Monty Sullivan shares his thoughts on the importance of non-degree certificate and certification programs for students.
Educational Innovation Weekly Reviewis curated by Tecnológico de Monterrey's Observatory of Educational Innovation. With the highlights of the week on innovation, technology and education. If you require more information about a specific note, please email us: email@example.com. TECNOLÓGICO DE MONTERREY, 2016.
Observatory of Educational Innovation
Tecnológico de Monterrey's Observatory of Educational Innovation: We identify and analyze the educational innovation trends that are shaping the future of learning and education.
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