economics

Reflections on “US College Closures Are Expected to Soar, Fed Research Says” [Bloomberg.com]

On 12/07/2024, in 21st century, Artificial Intelligence/Agents/LLMs/and Related, assessment, business side of he, change, changing business models, colleges, community colleges, cost of getting a degree, dangers of the status quo, Daniel S. Christian, data related items, economics, faculty/staff, game-changing environment, higher education, ideas, law schools, learning ecosystem, Learning from the Living [Class] Room, legislatures / government / legal, liberal arts, new business models, parents/guardians, policy, reinvent, society, staying relevant, student-related, surviving, United States, universities, vendors, by Daniel Christian

US College Closures Are Expected to Soar, Fed Research Says — from bloomberg.com

Fed research created predictive model of college stress
Worst-case scenario forecasts 80 additional closures

The number of colleges that close each year is poised to significantly increase as schools contend with a slowdown in prospective students.

That’s the finding of a new working paper published by the Federal Reserve Bank of Philadelphia, where researchers created predictive models of schools’ financial distress using metrics like enrollment and staffing patterns, sources of revenue and liquidity data. They overlayed those models with simulations to estimate the likely increase of future closures.

Excerpt from the working paper:

We document a high degree of missing data among colleges that eventually close and show that this is a key impediment to identifying at risk institutions. We then show that modern machine learning techniques, combined with richer data, are far more effective at predicting college closures than linear probability models, and considerably more effective than existing accountability metrics. Our preferred model, which combines an off-the-shelf machine learning algorithm with the richest set of explanatory variables, can significantly improve predictive accuracy even for institutions with complete data, but is particularly helpful for predicting instances of financial distress for institutions with spotty data.

From DSC:
Questions that come to my mind here include:

Shouldn’t the public — especially those relevant parents and students — be made more aware of these types of papers and reports?
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How would any of us like finishing up 1-3 years of school and then being told that our colleges or universities were closing, effective immediately? (This has happened many times already.) and with the demographic cliff starting to hit higher education, this will happen even more now.
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Adding insult to injury…when we transfer to different institutions, we’re told that many of our prior credits don’t transfer — thus adding a significant amount to the overall cost of obtaining our degrees.
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Would we not be absolutely furious to discover such communications from our prior — and new — colleges and universities?
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Will all of these types of closures move more people to this vision here?

Relevant excerpts from Ray Schroeder’s recent articles out at insidehighered.com:

Winds of Change in Higher Ed to Become a Hurricane in 2025

A number of factors are converging to create a huge storm. Generative AI advances, massive federal policy shifts, broad societal and economic changes, and the demographic cliff combine to create uncertainty today and change tomorrow.

Higher Education in 2025: AGI Agents to Displace People

The anticipated enrollment cliff, reductions in federal and state funding, increased inflation, and dwindling public support for tuition increases will combine to put even greater pressure on university budgets.

On the positive side of things, the completion rates have been getting better:

National college completion rate ticks up to 61.1% — from highereddive.com by Natalie Schwartz
Those who started at two-year public colleges helped drive the overall increase in students completing a credential.

Dive Brief:

Completion rates ticked up to 61.1% for students who entered college in fall 2018, a 0.5 percentage-point increase compared to the previous cohort, according to data released Wednesday by the National Student Clearinghouse Research Center.
The increase marks the highest six-year completion rate since 2007 when the clearinghouse began tracking the data. The growth was driven by fewer students stopping out of college, as well as completion gains among students who started at public two-year colleges.
“Higher completion rates are welcome news for colleges and universities still struggling to regain enrollment levels from before the pandemic,” Doug Shapiro, the research center’s executive director, said in a statement dated Wednesday.

Addendum:

Attention Please: Professors Struggle With Student Disengagement — from edsurge.com

The stakes are huge, because the concern is that maybe the social contract between students and professors is kind of breaking down. Do students believe that all this college lecturing is worth hearing? Or, will this moment force a change in the way college teaching is done?

From DSC:
Great…we have another tool called Canvas. Or did you say Canva?

Introducing canvas — from OpenAI
A new way of working with ChatGPT to write and code

We’re introducing canvas, a new interface for working with ChatGPT on writing and coding projects that go beyond simple chat. Canvas opens in a separate window, allowing you and ChatGPT to collaborate on a project. This early beta introduces a new way of working together—not just through conversation, but by creating and refining ideas side by side.

Canvas was built with GPT-4o and can be manually selected in the model picker while in beta. Starting today we’re rolling out canvas to ChatGPT Plus and Team users globally. Enterprise and Edu users will get access next week. We also plan to make canvas available to all ChatGPT Free users when it’s out of beta.

Using AI to buy your home? These companies think it’s time you should — from usatoday.com by Andrea Riquier

The way Americans buy homes is changing dramatically.

New industry rules about how home buyers’ real estate agents get paid are prompting a reckoning among housing experts and the tech sector. Many house hunters who are already stretched thin by record-high home prices and closing costs must now decide whether, and how much, to pay an agent.

A 2-3% commission on the median home price of $416,700 could be well over $10,000, and in a world where consumers are accustomed to using technology for everything from taxes to tickets, many entrepreneurs see an opportunity to automate away the middleman, even as some consumer advocates say not so fast.

The State of AI Report 2024 — from nathanbenaich.substack.com by Nathan Benaich

The Great Mismatch — from the-job.beehiiv.com. by Paul Fain
Artificial intelligence could threaten millions of decent-paying jobs held by women without degrees.

Women in administrative and office roles may face the biggest AI automation risk, find Brookings researchers armed with data from OpenAI. Also, why Indiana could make the Swiss apprenticeship model work in this country, and how learners get disillusioned when a certificate doesn’t immediately lead to a good job.
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A major new analysis from the Brookings Institution, using OpenAI data, found that the most vulnerable workers don’t look like the rail and dockworkers who have recaptured the national spotlight. Nor are they the creatives—like Hollywood’s writers and actors—that many wealthier knowledge workers identify with. Rather, they’re predominantly women in the 19M office support and administrative jobs that make up the first rung of the middle class.

“Unfortunately the technology and automation risks facing women have been overlooked for a long time,” says Molly Kinder, a fellow at Brookings Metro and lead author of the new report. “Most of the popular and political attention to issues of automation and work centers on men in blue-collar roles. There is far less awareness about the (greater) risks to women in lower-middle-class roles.”

introducing swarm: an experimental framework for building, orchestrating, and deploying multi-agent systems. ?https://t.co/97n4fehmtM

— shyamal (@shyamalanadkat) October 11, 2024

Is this how AI will transform the world over the next decade? — from futureofbeinghuman.com by Andrew Maynard
Anthropic’s CEO Dario Amodei has just published a radical vision of an AI-accelerated future. It’s audacious, compelling, and a must-read for anyone working at the intersection of AI and society.

But if Amodei’s essay is approached as a conversation starter rather than a manifesto — which I think it should be — it’s hard to see how it won’t lead to clearer thinking around how we successfully navigate the coming AI transition.

Given the scope of the paper, it’s hard to write a response to it that isn’t as long or longer as the original. Because of this, I’d strongly encourage anyone who’s looking at how AI might transform society to read the original — it’s well written, and easier to navigate than its length might suggest.

That said, I did want to pull out a few things that struck me as particularly relevant and important — especially within the context of navigating advanced technology transitions.

And speaking of that essay, here’s a summary from The Rundown AI:

Anthropic CEO Dario Amodei just published a lengthy essay outlining an optimistic vision for how AI could transform society within 5-10 years of achieving human-level capabilities, touching on longevity, politics, work, the economy, and more.

The details:

Amodei believes that by 2026, ‘powerful AI’ smarter than a Nobel Prize winner across fields, with agentic and all multimodal capabilities, will be possible.
He also predicted that AI could compress 100 years of scientific progress into 10 years, curing most diseases and doubling the human lifespan.
The essay argued AI could strengthen democracy by countering misinformation and providing tools to undermine authoritarian regimes.
The CEO acknowledged potential downsides, including job displacement — but believes new economic models will emerge to address this.
He envisions AI driving unprecedented economic growth but emphasizes ensuring AI’s benefits are broadly distributed.

Why it matters:

As the CEO of what is seen as the ‘safety-focused’ AI lab, Amodei paints a utopia-level optimistic view of where AI will head over the next decade. This thought-provoking essay serves as both a roadmap for AI’s potential and a call to action to ensure the responsible development of technology.

AI in the Workplace: Answering 3 Big Questions — from gallup.com by Kate Den Houter

However, most workers remain unaware of these efforts. Only a third (33%) of all U.S. employees say their organization has begun integrating AI into their business practices, with the highest percentage in white-collar industries (44%).
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White-collar workers are more likely to be using AI. White-collar workers are, by far, the most frequent users of AI in their roles. While 81% of employees in production/frontline industries say they never use AI, only 54% of white-collar workers say they never do and 15% report using AI weekly.
…
Most employees using AI use it for idea generation and task automation. Among employees who say they use AI, the most common uses are to generate ideas (41%), to consolidate information or data (39%), and to automate basic tasks (39%).

Nvidia Blackwell GPUs sold out for the next 12 months as AI market boom continues — from techspot.com by Skye Jacobs
Analysts expect Team Green to increase its already formidable market share

Selling like hotcakes: The extraordinary demand for Blackwell GPUs illustrates the need for robust, energy-efficient processors as companies race to implement more sophisticated AI models and applications. The coming months will be critical to Nvidia as the company works to ramp up production and meet the overwhelming requests for its latest product.

Here’s my AI toolkit — from wondertools.substack.com by Jeremy Caplan and Nikita Roy
How and why I use the AI tools I do — an audio conversation

1. What are two useful new ways to use AI?

AI-powered research: Type a detailed search query into Perplexity instead of Google to get a quick, actionable summary response with links to relevant information sources. Read more of my take on why Perplexity is so useful and how to use it.
Notes organization and analysis: Tools like NotebookLM, Claude Projects, and Mem can help you make sense of huge repositories of notes and documents. Query or summarize your own notes and surface novel connections between your ideas.

7.2M Americans Over 50 Hold Student Debt, New Report Shows [Blake]

On 08/12/2024, in business side of he, colleges, community colleges, cost of getting a degree, economics, faculty/staff, generational differences, higher education, parents/guardians, society, sociology, student-related, United States, universities, by Daniel Christian

7.2M Americans Over 50 Hold Student Debt, New Report Shows — from insidehighered.com by Jessica Blake
Urban Institute researchers say the financial burden not only puts a strain on the borrowers themselves but also the social welfare programs designed to be their safety net.

However, a recent series of reports and blog posts published by Urban Institute shows that older adults are also struggling to pay back their student loans.

By analyzing a nationally representative sample of credit records from roughly four million adults aged 50 and older, Urban Institute’s report concludes that as of August 2022, approximately 6 percent of older adults—or 7.2 million Americans—have yet to pay off their student loans. Among those same borrowers, 8 percent, or 580,000 individuals, are behind on payments. The median amount of delinquent debt was approximately $11,500.

“These disadvantages can compound over decades within and across generations, making these borrowers less able to repay their loans on time,” wrote Mingli Zhong, an Urban Institute senior research associate who specializes in borrowing behavior. “Over all, older adults are carrying more debt, not just student loan debt but all kinds of debt [medical, mortgage, etc.] into retirement,” she later told Inside Higher Ed.

As the economy slows, focus on the skills of the future: Ability to change. [Bersin]

On 08/03/2024, in business, corporate / business world, corporate universities / corporate training, economics, future, skills, training / L&D, United States, workplace, by Daniel Christian

As the economy slows, focus on the skills of the future: Ability to change. — from joshbersin.com by Josh Bersin

The Skills Of The Future Are Clear: Ability To Drive Change
I had an interesting set of meetings today with a group of HR leaders we talk with every few weeks. Every single one of the CHROs and other leaders told us they are investing in “change management” and “business transformation” skills in their people. What does that mean?

It means just this. While we all want more engineers, manufacturing gurus, scientists, and sales and marketing experts in our companies, the biggest set of “skills” we need is the “ability to drive change.” That particular skill is quite complex, learned over time, and massively important at the moment. And that led me to my final point.

Reflections on “U.S. national debt exceeds $35T for the first time ever” | Seeking Alpha

On 08/03/2024, in business, dangers of the status quo, Daniel S. Christian, economics, parents/guardians, society, United States, vendors, youth, by Daniel Christian

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Speaking of money, banking, interest rates, the economy, and more, also see:

Top 10 Emerging Technologies of 2024 [World Economic Forum]

On 06/28/2024, in 21st century, corporate / business world, disruption, economics, emerging technologies, engineering, entrepreneurship, future, innovation, science, society, by Daniel Christian

Top 10 Emerging Technologies of 2024 — from weforum.org by the World Economic Forum

The Top 10 Emerging Technologies report is a vital source of strategic intelligence. First published in 2011, it draws on insights from scientists, researchers and futurists to identify 10 technologies poised to significantly influence societies and economies. These emerging technologiesare disruptive, attractive to investors and researchers, and expected to achieve considerable scale within five years. This edition expands its analysis by involving over 300 experts from the Forum’s Global Future Councils and a global network of comprising over 2,000 chief editors worldwide from top institutions through Frontiers, a leading publisher of academic research.

“Anthropic Introduces Claude 3.5 Sonnet” + “Train Students on AI with Claude 3.5” [Clay]

On 06/24/2024, in Artificial Intelligence/Agents/LLMs/and Related, computer science, economics, emerging technologies, innovation, instructional design, intelligent systems, journalism, Learning Experience Design, pedagogy, student-related, teachers, teaching & learning, tools, vendors, web design and production, writing, by Daniel Christian

Anthropic Introduces Claude 3.5 Sonnet — from anthropic.com

What’s new?

Frontier intelligence
Claude 3.5 Sonnet sets new industry benchmarks for graduate-level reasoning (GPQA), undergraduate-level knowledge (MMLU), and coding proficiency (HumanEval). It shows marked improvement in grasping nuance, humor, and complex instructions and is exceptional at writing high-quality content with a natural, relatable tone.
2x speed
State-of-the-art vision
Introducing Artifacts—a new way to use Claude
We’re also introducing Artifacts on claude.ai, a new feature that expands how you can interact with Claude. When you ask Claude to generate content like code snippets, text documents, or website designs, these Artifacts appear in a dedicated window alongside your conversation. This creates a dynamic workspace where you can see, edit, and build upon Claude’s creations in real-time, seamlessly integrating AI-generated content into your projects and workflows.

Train Students on AI with Claude 3.5 — from automatedteach.com by Graham Clay
I show how and compare it to GPT-4o.

If you teach computer science, user interface design, or anything involving web development, you can have students prompt Claude to produce web pages’ source code, see this code produced on the right side, preview it after it has compiled, and iterate through code+preview combinations.
If you teach economics, financial analysis, or accounting, you can have students prompt Claude to create analyses of markets or businesses, including interactive infographics, charts, or reports via React. Since it shows its work with Artifacts, your students can see how different prompts result in different statistical analyses, different representations of this information, and more.
If you teach subjects that produce purely textual outputs without a code intermediary, like philosophy, creative writing, or journalism, your students can compare prompting techniques, easily review their work, note common issues, and iterate drafts by comparing versions.

I see this as the first serious step towards improving the otherwise terrible user interfaces of LLMs for broad use. It may turn out to be a small change in the grand scheme of things, but it sure feels like a big improvement — especially in the pedagogical context.

And speaking of training students on AI, also see:

AI Literacy Needs to Include Preparing Students for an Unknown World — from stefanbauschard.substack.com by Stefan Bauschard
Preparing students for it is easier than educators think

Schools could enhance their curricula by incorporating debate, Model UN and mock government programs, business plan competitions, internships and apprenticeships, interdisciplinary and project-based learning initiatives, makerspaces and innovation labs, community service-learning projects, student-run businesses or non-profits, interdisciplinary problem-solving challenges, public speaking, and presentation skills courses, and design thinking workshop.

These programs foster essential skills such as recognizing and addressing complex challenges, collaboration, sound judgment, and decision-making. They also enhance students’ ability to communicate with clarity and precision, while nurturing creativity and critical thinking. By providing hands-on, real-world experiences, these initiatives bridge the gap between theoretical knowledge and practical application, preparing students more effectively for the multifaceted challenges they will face in their future academic and professional lives.

Addendum on 6/28/24:

Collaborate with Claude on Projects — from anthropic.com

Our vision for Claude has always been to create AI systems that work alongside people and meaningfully enhance their workflows. As a step in this direction, Claude.ai Pro and Team users can now organize their chats into Projects, bringing together curated sets of knowledge and chat activity in one place—with the ability to make their best chats with Claude viewable by teammates. With this new functionality, Claude can enable idea generation, more strategic decision-making, and exceptional results.

Projects are available on Claude.ai for all Pro and Team customers, and can be powered by Claude 3.5 Sonnet, our latest release which outperforms its peers on a wide variety of benchmarks. Each project includes a 200K context window, the equivalent of a 500-page book, so users can add all of the relevant documents, code, and insights to enhance Claude’s effectiveness.

It’s Time Higher Ed Become Financially Literate [Curcio]

On 03/28/2024, in business side of he, career development, colleges, community colleges, cost of getting a degree, economics, higher education, marketplaces, parents/guardians, student-related, United States, universities, vocational / trades, by Daniel Christian

It’s Time Higher Ed Become Financially Literate — from forbes.com by Brian Curcio

Excerpt (emphasis DSC):

The Alarming Reality
Over the past 12 years, US student loan debt has quadrupled to a staggering $1.7 trillion. Nearly 44 million Americans carry an average debt of $37,718, and over 11 percent of aggregate student loan debt (pre-COVID) is more than 90 days delinquent.

This past year, the average public university student borrowed over $32,000 to receive a bachelor’s degree. However, only 11 percent of employers believe that a degree prepares students for the workforce. It’s a cruel irony: a $32,000 loan – not counting interest – for a degree that doesn’t prepare you for the career needed to repay the debt.

Another higher education-related item:

The IT Leadership Workforce in Higher Education, 2024 — from library.educause.edu by Mark McCormack

The IT Leader Workforce in Higher Education, 2024, aims to map the current contours of the IT leader workforce, understand its current challenges and opportunities, and reflect on what it all might mean for building a stronger workforce and—ultimately—a stronger higher education for the future.

Young people coming out of college, cut up those credit cards the first time you can’t pay them off!

On 03/16/2024, in Daniel S. Christian, economics, parents/guardians, productivity / tips and tricks, relationships, strategy, student-related, surviving, youth, by Daniel Christian

DC: Young people coming out of college, if you can’t pay your credit card every month, cut it up. The higher interest rates can put you in hugely stressful, costly situations.

Per Bloomberg: But while the US economy has avoided a recession and unemployment has remained low, pic.twitter.com/bSWLZi1KJd

— Daniel Christian (he/him/his) (@dchristian5) March 16, 2024

…that doesn’t mean everyone is having an easy time of it. Some Americans feel increasingly pressured by the surge in the cost of carrying their debt. Delinquency rates on their credit card debt and auto loans are now at the highest in more than a decade.

Just a serious note of caution for you and for your future families.

And speaking of youth and personal finances — and seeing as it’s tax time — also see:

Topic no. 501, Should I itemize?

Deductions reduce the amount of your taxable income. In general, individuals not in a trade or business or an activity for profit, may take a standard deduction or itemize their deductions.
…
You should itemize deductions on Schedule A (Form 1040), Itemized Deductions if the total amount of your allowable itemized deductions is greater than your standard deduction or if you must itemize deductions because you can’t use the standard deduction. You may also want to itemize deductions if your standard deduction is limited because another taxpayer claims you as a dependent. Itemized deductions, subject to certain dollar limitations, include amounts you paid, during the taxable year, for state and local income or sales taxes, real property taxes, personal property taxes, mortgage interest, disaster losses, gifts to charities, and part of the amount you paid for medical and dental expenses.

Amid explosive demand, America is running out of power — from washingtonpost.com by Evan Halper
AI and the boom in clean-tech manufacturing are pushing America’s power grid to the brink. Utilities can’t keep up.

Vast swaths of the United States are at risk of running short of power as electricity-hungry data centers and clean-technology factories proliferate around the country, leaving utilities and regulators grasping for credible plans to expand the nation’s creaking power grid.
…
A major factor behind the skyrocketing demand is the rapid innovation in artificial intelligence, which is driving the construction of large warehouses of computing infrastructure that require exponentially more power than traditional data centers. AI is also part of a huge scale-up of cloud computing. Tech firms like Amazon, Apple, Google, Meta and Microsoft are scouring the nation for sites for new data centers, and many lesser-known firms are also on the hunt.

The Obscene Energy Demands of A.I. — from newyorker.com by Elizabeth Kolbert
How can the world reach net zero if it keeps inventing new ways to consume energy?

“There’s a fundamental mismatch between this technology and environmental sustainability,” de Vries said. Recently, the world’s most prominent A.I. cheerleader, Sam Altman, the C.E.O. of OpenAI, voiced similar concerns, albeit with a different spin. “I think we still don’t appreciate the energy needs of this technology,” Altman said at a public appearance in Davos. He didn’t see how these needs could be met, he went on, “without a breakthrough.” He added, “We need fusion or we need, like, radically cheaper solar plus storage, or something, at massive scale—like, a scale that no one is really planning for.”

A generative AI reset: Rewiring to turn potential into value in 2024 — from mckinsey.com by Eric Lamarre, Alex Singla, Alexander Sukharevsky, and Rodney Zemmel; via Philippa Hardman
The generative AI payoff may only come when companies do deeper organizational surgery on their business.

Figure out where gen AI copilots can give you a real competitive advantage
Upskill the talent you have but be clear about the gen-AI-specific skills you need
Form a centralized team to establish standards that enable responsible scaling
Set up the technology architecture to scale
Ensure data quality and focus on unstructured data to fuel your models
Build trust and reusability to drive adoption and scale

AI Prompt Engineering Is Dead Long live AI prompt engineering — from spectrum.ieee.org

Since ChatGPT dropped in the fall of 2022, everyone and their donkey has tried their hand at prompt engineering—finding a clever way to phrase your query to a large language model (LLM) or AI art or video generator to get the best results or sidestep protections. The Internet is replete with prompt-engineering guides, cheat sheets, and advice threads to help you get the most out of an LLM.
…
However, new research suggests that prompt engineering is best done by the model itself, and not by a human engineer. This has cast doubt on prompt engineering’s future—and increased suspicions that a fair portion of prompt-engineering jobs may be a passing fad, at least as the field is currently imagined.

What the birth of the spreadsheet teaches us about generative AI — from timharford.com by Tim Harford; via Sam DeBrule

There is one very clear parallel between the digital spreadsheet and generative AI: both are computer apps that collapse time. A task that might have taken hours or days can suddenly be completed in seconds. So accept for a moment the premise that the digital spreadsheet has something to teach us about generative AI. What lessons should we absorb?

It’s that pace of change that gives me pause. Ethan Mollick, author of the forthcoming book Co-Intelligence, tells me “if progress on generative AI stops now, the spreadsheet is not a bad analogy”. We’d get some dramatic shifts in the workplace, a technology that broadly empowers workers and creates good new jobs, and everything would be fine. But is it going to stop any time soon? Mollick doubts that, and so do I.

6 work and workplace trends to watch in 2024 [Whiting at weforum.org]

On 02/14/2024, in business, corporate / business world, corporate universities / corporate training, economics, future, lifelong learning, organizational change, pace of change, participation, reinvent, skills, society, sociology, staying relevant, surviving, training / L&D, trends, workplace, by Daniel Christian

6 work and workplace trends to watch in 2024 — from weforum.org by Kate Whiting; via Melanie Booth on LinkedIn

Excerpts (emphasis DSC):

The world of work is changing fast.

By 2027, businesses predict that almost half (44%) of workers’ core skills will be disrupted.

Technology is moving faster than companies can design and scale up their training programmes, found the World Economic Forum’s Future of Jobs Report.
…
The Forum’s Global Risks Report 2024 found that “lack of economic opportunity” ranked as one of the top 10 biggest risks among risk experts over the next two years.

5. Skills will become even more important
With 23% of jobs expected to change in the next five years, according to the Future of Jobs Report, millions of people will need to move between declining and growing jobs.

Thriving in an age of continuous reinvention [PwC’s 27th Annual Global CEO Survey]

On 01/18/2024, in Artificial Intelligence/Agents/LLMs/and Related, business, change, changing business models, corporate / business world, economics, innovation, leadership, new business models, reinvent, staying relevant, strategy, surviving, training / L&D, trends, United States, workplace, by Daniel Christian

Thriving in an age of continuous reinvention — from pwc.com
As existential threats converge, many companies are taking steps to reinvent themselves. Is it enough? And what will it take to succeed?
.

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Resisting the Youth Sports Industrial Complex [Last]

On 01/06/2024, in business, economics, more voice more choice more control, parents/guardians, reinvent, relationships, society, youth, by Daniel Christian

Resisting the Youth Sports Industrial Complex — from educationnext.org by Jonathan V. Last; via the The Top 20 Education Next Articles of 2023 from educationnext.org
Children’s sports are corrupted, but parents don’t have to play along

Excerpt (emphasis by DSC):

That’s the point of Linda Flanagan’s Take Back the Game, a book about the corruption of youth sports. It should be required reading for every parent. It should be handed out in the hospital along with What to Expect the First Year and Healthy Sleep Habits, Happy Child.

Flanagan, a journalist and former running coach, has pulled off a rare trick: she diagnoses a societal sickness, traces the roots of the malady, and prescribes a cure.

The problem is that we have a Youth Sports Industrial Complex that forces kids into single-sport specialization before they hit middle school. It demands that children be involved in (expensive) club and travel sports programs starting in elementary school.

Her first dictum is to delay entry into organized sports as long as possible. Don’t sign them up for pee-wee soccer to get a jump on the club scene—send them out into the yard to kick the ball around. Have a catch with them. Shoot baskets. Let them tumble and do cartwheels in the grass. As Flanagan says, “Just let them play.”
…
Another key precept from Flanagan: The family is more important than kids’ sports.
…
Perhaps the most valuable lesson from Take Back the Game is that parents have agency.

LERs Are Hot. What Are States Going To Do With Them?

Governors and state leaders are concerned about the current labor shortage, occurring during a time when many skilled workers are underemployed or even unemployed. Skills-based approaches to hiring and recruiting can shift that dynamic—making pathways to good careers accessible to a wider segment of the workforce and opening up new pools of talent for employers. They do so by focusing on what workers know and can do, not on the degrees or credentials they’ve earned.

That’s the theory. But a lot hinges on how things actually play out on the ground.

Technology will play a key role, and many states have zeroed in on learning and employment records—essentially digital resumes with verified records of people’s skills, educational experiences, and work histories—as an essential tool. A lot of important work is going into the technical design and specifications.

This project, on the other hand, aims to take a step back and look at the current state of play when it comes to the use cases for LERs. Just a few of the key questions:

How might employers, education providers, government agencies, and workers themselves actually use them? Will they?
In what areas do state policymakers have the most influence over key stakeholders and the most responsibility to invest?
What actions are needed now to ensure that LERs, and skills-based hiring more broadly, actually widen access to good jobs—rather than setting up a parallel system that perpetuates many of today’s inequities?

School Guide to Student Financial Literacy: What to Teach and When [Phillips]

On 09/19/2023, in business, content development, aggregation, repositories, corporate / business world, curriculum, economics, education, homeschooling/homeschoolers, instructional design, K-12 related, marketplaces, workplace, by Daniel Christian

School Guide to Student Financial Literacy: What to Teach and When — from couponchief.com by Linda Phillips; with thanks to Karen Bell for this resource

It’s crucial – for individuals and the larger community – that students and young adults develop a solid foundation of personal finance knowledge, skills and habits in order to thrive. Practicing good money habits means the difference between long-term financial security and serious financial straits.

Financial literacy education is the responsibility of everyone, but most particularly parents and teachers. This guide focuses primarily on teaching financial literacy in elementary, middle and high schools. However, the concepts discussed below – and many of the resources listed – are also helpful for parents and others interested in promoting sound personal finance practices by kids and teens alike. Below you’ll find our suggestions for what concepts should be taught to kids from pre-k through grade 12, and the best times to introduce those concepts. You’ll also find an extensive list of some of the best resources – books, lesson plans, activities, videos, games and more – to supplement financial literacy education in the classroom.

Learning Ecosystems

As the economy slows, focus on the skills of the future: Ability to change. [Bersin]

Reflections on “U.S. national debt exceeds $35T for the first time ever” | Seeking Alpha

Top 10 Emerging Technologies of 2024 [World Economic Forum]

6 work and workplace trends to watch in 2024 [Whiting at weforum.org]

Resisting the Youth Sports Industrial Complex [Last]

Learning and Employment Records [National Governors Association]

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