Brooklyn’s P-Tech is the The School That Is Changing American Education, writes Rana Foroohar in Time. Students can graduate in six years with a high school diploma, an associate degree and a job offer from IBM, which worked with the City University of New York to create the program. “Six should be the new four,” says IBM executive Stanley Litow.
In Chicago, IBM partnered with Richard J. Daley College to open Sarah E. Goode STEM Academy, a six-year program that leads to a $40,0000- a-year IBM job. It’s a ticket to the middle class, writes Forhoohar.
A four-year high school degree these days only guarantees a $15 an hour future, if that. According to projections by the Center on Education and the Workforce at Georgetown University, the U.S. economy will create some 47-million job openings in the decade ending 2018, but nearly two-thirds will require some post secondary education. The Center projects that only 36% of American jobs will be filled by people with only a 4-year high school degree – half of what that number was in the 1970s.
Workers with a vocational associate degree will earn 73% more than those with only a high school diploma, the center projects.