Education for Economic Development: Rethinking The High School
The work and careers are changing. As most process-based jobs get automated, it seems the winners will be those with greater intellectual skills. In the meantime, the salary premium for college graduates have risen dramatically - mainly as a result of non-graduates falling precipitously. This is taken as evidence of centrality of college education: Everyone should be able to go to college, has become the political mantra. This is good for colleges themselves and hence, they have promoted the idea. And, as the educated usually takes upon themselves the role of society's critic-in-chief, the conclusion has not really be questioned. However, while the poor countries followed the cue and started expansion of college education - and, because the state does not have money, this means a poorer public education and enormous expansion of terribly bad private education - it is worth looking at the phenomena closely and exploring its wisdom. At one level, work has become more comple...