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Bloomberg Businessweek

Focusing on the Importance of Education for All

Feb 28, 2024
18:52
Snipd AI
Discussion on the importance of education in career development, value of a college degree in the job market, corporate investment in workforce education, role of education in societal progress, and adaptability in business trends.
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Quick takeaways

  • College education benefits should be weighed against costs in terms of job relevance.
  • Businesses need to invest in workforce education to bridge the skills gap and remain competitive.

Deep dives

Importance of Education for Career Opportunities

Many recent college graduates find themselves underemployed, with 52% working in jobs that do not require a degree. A report by the Burning Glass Institute and the Strata Education Foundation highlights that after a decade, 45% of graduates remain in such underemployed positions. This raises concerns about the value of a college education, prompting debates about its cost and benefits in enhancing career earnings.

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