This article from the Telegraph picks up an important trend. It’s worth a read. Check it out!
via World university rankings show ‘power shift’ from US and UK towards Far East – Telegraph.
As I reflected on this article, I think that the article perhaps misses a much wider point.
This article dwells on the World’s top 200 universities but much more important are the trends for second, third and fourth tier universities.
Unless a student is particularly gifted, the World’s top two hundred universities tend to be for the children of the rich and privileged. I accept that there are scholarships but competition is intense.
For most young people, there is a wider concern in the erosion of value in education. Too many young people are struggling with massive educational debts, yet meaningful careers are hard to find. Part of the challenge is that education is not well matched to the demand for skills.
Dr Alf makes a good point about University education not matching the demand for skills but the bigger point is that the rate of job creation is simply not matching the rate at which universities, wherever they are, are turning out graduates.
In the UK and Europe the real rate of job creation is next to nothing, and in parts of Europe more jobs are being lost than created.
America is creating new jobs for graduates but not fast enough.
This is going to get worse as automation, robotics, 3D printing and AI take hold.