While older Americans scored well, younger Americans lagged behind workers in other developed countries, reports the Wall Street Journal.
Two-thirds of Swiss teens choose to “combine learning at the workplace and learning in a classroom,” says Schwartz. Switzerland has the “lowest youth unemployment rate in the developed world, yet it ranks very high in innovation and economic performance.
When you talk to Swiss leaders and ask how can this be, you have such a small fraction of your young people going through the university system, the Swiss will say, “No, no, it’s because we really invest in preparing folks who are at the front lines and we look to our kind of everyday workers to provide a lot of the innovation that really spurs the economy.”
Young Swiss apprentices are put to work immediately, says Hoffman.
. . . in the banking industry, we saw 16-year-olds in suits and little round glasses all sitting next to their hedge fund managers and actually handling aspects of accounts. You go to Swiss.com which is the biggest telephone Internet provider in Switzerland and there they have an extremely innovative program where students can choose to work on any project that any employer posts on a bulletin board.
By the third year, at age 17 or 18, apprentices earn about $1,000 a month, says Schwartz. Once they complete the program, they’ve earned a valuable qualification which puts them “on a ladder to a middle-class wage.” That idea is spreading to the U.S.
. . . Volkswagen, which operates a 3,000-person plant in Chattanooga proudly announced the completion of a first apprenticeship program in automotive mechatronics for 25 young people. They do this in partnership with a regional community college there. These people now have a qualification that is worldwide in value.
Vocational education isn’t stigmatized in Switzerland, Finland and other countries that have modernized their systems, Hoffman says.
So while they teach construction and they teach carpentry and they teach the old trades, the system is really known as the place you go if you want any kind of high-tech skills. If you want to be an engineer, if you want to work in IT, if you want to learn graphic design, if you want to be a nurse, if you want to be a childcare teacher, you go to the vocational system.
In Switzerland, vocational students can go on to the University of Applied Sciences. At Credit Suisse, 40 percent of apprentices also were studying for a professional baccalaureate, says Schwartz. “There are no dead ends.”
Youth unemployment is a worldwide problem, reports The Economist in Generation jobless. Yet many employers in countries from the U.S. to Morocco say they can’t find entry-level workers with the right skills.
Poor basic education is only part of the problem.
Countries with the lowest youth jobless rates have a close relationship between education and work. Germany has a long tradition of high-quality vocational education and apprenticeships, which in recent years have helped it reduce youth unemployment despite only modest growth.
Countries with high youth unemployment are short of such links. In France few high-school leavers have any real experience of work. In north Africa universities focus on preparing their students to fill civil-service jobs even as companies complain about the shortage of technical skills. The unemployment rate in Morocco is five times as high for graduates as it is for people with only a primary education.
Employers do much less training on the job.
Many countries are trying to improve vocational schools and develop apprenticeships, reports The Economist.
In 2010 South Korea created a network of vocational “meister” schools—from the German for “master craftsman”—to reduce the country’s shortage of machine operators and plumbers. . . . In Britain some further-education colleges are embracing the principle that the best way to learn is to do: North Hertfordshire College has launched a business venture with Fit4less, a low-cost gym. Bluegrass College in Kentucky and Toyota have created a replica of a car factory, where workers and students go to classes together.
Bluegrass is a community and technical college, so job training is part of the mission. Many community colleges work closely with employers on workforce development.
Via Meadia has more thoughts on practical vs. academic education.
Higher education’s financial squeeze will worsen, predicts a Moody’s report. All the traditional revenue sources — tuition, state and federal funding, endowments and philanthropy — are under pressure.
The end is not nigh for U.S. colleges and universities, argues Robert J. Sternberg, provost and professor of psychology and education at Oklahoma State, in the Chronicle of Higher Ed.
Some people want the cheapest education possible that will get them the job they want. Others want much more: nice dormitories, diverse student activities, world-famous professors, top-flight institutional reputation—and are willing to pay for it. An advantage of the higher-education market is that financial aid is often available to help students reach beyond what they normally could afford.
Second, students are not merely consumers of higher education; they also actively construct their college careers. They develop a plan for their coursework, their project work, their extracurricular activities, and their social network.
. . . two students going to the same college may produce entirely different educations.
Top German universities charge much less than comparable U.S. universities but offer no “university-sponsored athletic teams or facilities, fraternities, sororities, student clubs, dormitories, meal plans, or other accouterments,” Sternberg writes. If German students want activities, they organize and pay for them.
American universities can reduce costs by greatly lowering their overhead, as do the German universities, or by having professors do some or even all of their teaching online. What students may lose, however, is much, or even most, of the informal curriculum of college—the networking and the face-to-face personal interactions that many people feel are so important to the college experience.
Some will choose a cheap, no-frills college degree, but others will pay more for an academic-and-social degree, Sternberg suggests.
Community college students forego nearly all the frills, using far less student aid than those who opt for “the college experience.” Should taxpayers be asked for fund students’ social life?