March 08, 2010

Higher education is a must in today’s world

By Swaraaj Bhattacharya

I am sweating and it is 11:59 pm, and all the ovens are steaming hot. My boss is screaming at me to hurry up. I am flipping the 99th burger of the day. I am feeling sorry for myself for not listening to my dad when I was in school. I wish I had gone for higher education. I didn’t go for it after I completed high school and here I am “flipping burgers” and feeling sorry for myself. All of a sudden my bedside alarm rings (tring tring tring) and I wake up. Thank God it was only a dream.

My Dad always tells me that education is key to success and knowledge is wealth.

Now I am going to explain in 3 points why higher education is crucial in today’s world.

Why should you go for bachelors, masters and doctorate degrees?

The most important answer to this question is more opportunity. As opposed to generations of the past, high school graduates today are unable to obtain the number of high-paying jobs that were once available. But college-graduates do get higher paid jobs today and that is a fact.

The 2nd reason as to why it is important to go to college. When students experience a post secondary education, they have the opportunity to read books and listen to the lectures of top experts in their fields. This stimulation encourages students to think, ask questions, and explore new ideas, which allows for additional growth and development.

The importance of a college education is also accentuated because of the opportunity to gain valuable resources during your tenure. It helps you make more connections and relations which ultimately help in your job search.

Now I would like to conclude by saying in this global economy it is becoming increasingly more competitive. In order to get the best opportunities for a well paid job, one must certainly understand the importance of higher education. If I want to have a good life style and give my children a head start I need to be well educated to begin with.

Thankyou.

March 06, 2010

Higher Education Important in the 21st Century

By Adreesh Roy

In today’s world, higher education is like motherhood; it will cure just about anything in an America that is threatened by globalization, outsourcing, and income inequality. No matter how well Americans are educated, global competition and rapidly changing technology is having adverse effects on the American labor force.

After World War II, America emerged as an economic and military power. We have cherished the supremacy for the last 50 years. In this period America saw an unparallel economic boom. It was during this period that our parents migrated to this land of opportunities. Today, the US workers face a great new threat. Americans who are now joining the workforce compete against legions of college grads in China, India and Philippines that are willing to work 2 times as hard for 1/5th the pay. Our employers take advantage of this huge wage difference between the US and developing nations to outsource more and more jobs each year. A recent study shows that 25% of US jobs are off-shore-able. Not surprisingly these are mostly routine tasks. In such a market higher education becomes imperative while we downsize ranks of operators, secretaries, analysts and other routine tasks.

Data shows that of the 22 fields in which job growth will be promising in the 21st century, 20 are in advanced sciences like robotics, engineering, biotechnology & health care. All these fields will require Americans to pursue graduate levels of education.

Detroit has been long been called “the automobile capital of the world and has been a leading employer of this sector. I want to walk you through the transformation of the job market in Detroit over the span of three generations. Let’s take a look at a family in Detroit, MI. A person’s grandfather did not go to college but could still work in an assembly line at the car factory. That same job has now been automated and can be performed by robotic hands. To find employment with that same car company the grandchildren will need a higher more specialized field of education in order to troubleshoot and ensure the smooth working of a much more technical and complex assembly line. It has been said that cities with a higher proportions of college graduates can react more quickly to technological changes and learn new skills readily. Cities like Boston nicknamed “information city”, have fared much better in these last two decades than cities like Detroit with lower levels of education.

Jobs all around the world have become more technical. This has lead to the elimination of repetitive cookie-cutter type of jobs. The only jobs that have survived in this rapidly automated world are the ones that require analysis and problem solving skills only acquired by higher education.

I hope I have persuaded my peers present here that getting a higher education beyond high school is a pre-requisite to realizing the hopes and dreams of your parents and to acquire that “mazaratti” you swoon over.

March 01, 2010

Higher Education is a must in today's world

By Aneesh Roy

I think you should have higher education because you can make the world a better place. Without specialized knowledge making new useful inventions is impossible. People with a higher education have more choices of jobs than people who don’t.


In today’s world higher education or a college degree is essential to lead a good life. This is different from our grandparent’s era, when you could compensate education with hard work. Look around you at our parents and their friends. The reason our parents live and work comfortably in a country like America is because they went to some of the best colleges for higher education.

According to the last census Americans with a college degree earned 60% more than those with just a high school degree. Another way to look at these numbers is that a family headed by a college educated person earns around $1.6 MM more that one led by a high school diploma holder in their lifetime. Most financial analysts will agree that the best investments you can ever make is one – on your education which returns $34 for every dollar you invest.

The world is changing rapidly. New technology and innovation happen every day. In order to keep up with such a world or community, we need to grasp complex concepts and theories. We should be able to express our thoughts clearly in speech and writing. Higher education prepares us to face this world.

Not only do we need to survive in this world but contribute to it as well. Going to college for a masters and higher degree helps create inventors and innovators. 2 out of 3 major inventions come out of institutions dedicated to research. Such institutions employ people with quaternary level of education.

Next time when you hear from someone to “Complete your homework”, right when you were about to pick up the TV remote, DON’T FROWN. Remember – that "1 page of homework could be small step for you but a giant leap for Mankind" – You may be the next famous inventor.