Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Business of Giving: Bailing Out Our Schools


World-class education will propel economy into future.

Right now, everyone is focused on finding the cure for our current economic crisis. Bailouts, recovery plans and billion-dollar loans hopefully will get our economy back on firm footing soon. But we also need to look at the long-term, big picture of what will propel our economy into the future. And I believe that can be accomplished by reinventing the driver of our success: a world-class education.

If you look back at our nation's history, our wealth was not built solely by great ideas. Rather, it also came from a very well-educated workforce created by world-class public schools. Children of immigrants who arrived on our shores 100 years ago received an education that lifted them from poverty to the working class and beyond. That influx of new workers built factories and invented and perfected new technologies. Workers on the assembly line could earn a comfortable living.

For the past 2 decades, the factory jobs that created prosperous lives for so many across much of America have been disappearing. The only way we can uplift the children and grandchildren of the working class and prepare them for a different future is by putting a renewed focus on world-class education.

By world-class I mean an education with an academic commitment to science and math, not just a narrow focus on test-taking and reading and writing. This has been said before, but our need is growing more urgent. If we don't commit ourselves to science and math, we will be walloped by the countries that are doing just that.

Take a look at the 2007 Trends in International Math and Science Study (TIMSS). At the fourth-grade level, the US is bested in science by Singapore, Taipei, Hong Kong and Japan. By eighth grade, 9 countries are doing a better job of teaching science to kids, including Russia, the Czech Republic and Slovenia. If we're not creating the world's next scientists, innovators and creators, we put ourselves at risk of being surpassed by the countries that are.
< Previous
No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

Featured Videos