FLEX. Rick Grimaldi
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Название: FLEX

Автор: Rick Grimaldi

Издательство: John Wiley & Sons Limited

Жанр: Экономика

Серия:

isbn: 9781119795117

isbn:

СКАЧАТЬ American demographics we've been discussing. Universities are combatting declining enrollment trends, which causes a cascade of consequences reshaping American education.

      It's not surprising, right? Fewer babies means fewer college freshman. But how will universities fill their enrollment quotas when their financial model is under stress? Perhaps with an increasing number of international students as many do now?

      You might think universities would respond to this declining market by cutting prices, but that seems unlikely given that reducing revenue doesn't offer a net economic gain to compensate for fewer students. And here's another thing to consider as we wonder what the future of education will look like: how important is it to be a college graduate to succeed in tomorrow's workforce?

      And if it's important, is a two-year community college degree enough? What's the best return on investment for students based on the considerable expense of an American college degree?

      The answer to each of those questions is that it depends on where you live and what you want to do. It also depends on the ability of forward-thinking educational institutions to anticipate the needs of specific skill sets in local industries that are reinventing themselves again and again as new technologies accelerate the way they do business so they create true value for their students. In short, college as we know it is under tremendous pressure to flex.

      Nontraditional students who do decide to pursue a college degree want to know that they are partnering with an educational institution that understands the challenges they face to make it to class every day. Many are juggling work commitments, a lengthy commute, or caregiving for parents to make their dream of a college degree a reality. They are hunting for flexibility.

      In the same way, what will happen to blue-collar workers who have spent 30 years on the floor of a manufacturing facility doing unskilled work when the company retools into a high-tech environment? Will they face layoffs and be replaced with new college grads with an information technology degree?

      Nontraditional students—older students considering retraining and younger students not completely sold on college—have no interest in a “well-rounded liberal arts degree.” Rather, they want to know there's a good return on investment for an actual employable skill set in exchange for their hard-earned dollars.

      For just this reason, many nontraditional—and other—students will turn away from elite universities that seem out of touch in favor of pursuing online options or a degree from a trade school

      And it's the same situation when it comes to community college.

      In the past, students and their parents saw them as a steppingstone into a four-year university. But expect them to take a more central role in creative partnering with local employers in the years to come.

      Not only are demographics and education changing but also the way we communicate is changing. Much like cells in biological evolution, which are constantly mutating according to their environment, so too is language ever evolving.

      When it comes to evolving language, it's typically a result of certain pressures that come to bear. Changing social norms, for example, signal which words are socially acceptable or not. Then there are technical innovations that make it more convenient to communicate within certain parameters.

      Sometimes it's just the way that some verb conjugations are harder to remember than others, making some words used far less frequently until they fall out of our lexicon. When it comes to other words, they become favored by “insiders” or “outsiders” or are only used by those in power (such as corporate executives)—or those who feel disenfranchised (such as protesters).