By Sheryll Poe, Senior Writer, U.S. Chamber of Commerce
By Keith J. Peden, senior vice president of Human Resources and Security for Raytheon Company.
We started the lead-up to the June 19th release of our report, Leaders & Laggards: A State-by-State Report Card on Public Postsecondary Education, with a look at the skyrocketing costs and inefficiency of higher education in the blog “One Really Expensive Graduation Party.” The second part of the series went into more detail on one of the leading causes of that inefficiency
There is no doubt that the U.S. education system impacts every sector of our society. Some of the connections and consequences on the business community are easily understood, such as the impact of a widening skills gap. Some connections however, are not so obvious.
We’re nearing the end of May, which means we’re right smack in the middle of college commencement season. Maybe your child or another family member is graduating (congratulations!), and you’ll be taking part in some festivities yourself this year.
In the wake of President Obama’s announcement that institutions of higher education were officially “on notice,” the typical and predictable fear mongering began. David L.