Higher Education Has Global Implications Making It A Priority For The Future




by Natasha Bright


If you think that going back to school and earning a degree helps you to make more money, you're right. The effects, however, extend beyond your personal wealth potential and that of your family. By making yourself more employable and more marketable, you can boost workforce productivity and the economy. President Barack Obama has been encouraging Americans to obtain college or university degrees at a time when the economy also is also becoming more global. As some research into women back to school information will show, the implications are huge.

National borders tend to disappear in a global economy, with workers, services and products moving between countries regularly, the Alliance for Excellent Education suggests. Say, for example, you own a company in the United States. You might open a branch in Western Europe, send employees to help get it off the ground and hire employees overseas as well. Or, you might hire qualified telecommuters from overseas - people who, through computer technologies, don't have to physically be in the office to carry out their work. If you go back to school and earn a degree, you might be that company's owner or the employee who, with acute business, or even international business, acumen, helps with its expansion. For some, going back to school might also mean contributing to innovations and technological advancements that make options such as telecommuting possible, which bring money to the companies that create them and the countries where they originate.

Adults going back to school and earning degrees might, in a global economy, find themselves up against international employees when it comes to job searches. Some adults going back to school and obtaining degrees might even find themselves working in Japan, China or Western Europe. The more money an individual earns, the more products and services they buy and the more taxes they contribute. Adults might also set positive examples for their children, making them more likely to obtain degrees and increase their own earning potential.

The world on a global level is also becoming increasingly concerned about the environment and climate change, which can be affected by populations and development and settlement patterns. Adults going back to school and obtaining degrees might consider training for in-demand careers, including occupations expected to address environmental issues. Many colleges and universities offer opportunities for adults going back to school to train for environmental careers, such as those involving natural resources and alternative energy. Educators, government agencies and others have also been encouraging studies particularly in health care, science, technology, engineering and math. These are some of the areas that can lead to careers where the Bureau of Labor Statistics anticipates employment growth as baby boomers age and technology advances. International business degrees might also serve graduates well, providing them with a better understanding of different cultures and customs.

Canada, as of 2007, held the top spot worldwide in college and university degree holders, with New Zealand and Japan in second and third and the United States fourth, a recent Bureau of Labor Statistics report shows. Adults going back to school might finding college and university studies more affordable and accessible since, as part of an American Recovery and Reinvestment Act, President Barack Obama Administration's has spent more than $30 billion toward this end. The Obama administration has also spent $5 billion more to encourage innovation and to close an "achievement" gap.

Many adults going back to school are contributing to college and university enrollment increases nationwide. The state of California is among those working at least in part to close the achievement gap which, according to a California achievement gap website, the US Department of Education defines as the difference in academic performance between different groups. With an achievement gap, for instance, non-English speaking students, students with disabilities, low-income students and students of certain racial or ethnic backgrounds might be at an academic disadvantage. That disadvantage might have to do with parental and neighborhood issues, college and university preparedness, school support programs, teaching styles and how knowledgeable students are about financial aid.

Like adults going back to school, minorities, low-income students and students with disabilities have scholarship and grant opportunities available to them. Working adults going back to school might also benefit from employer tuition reimbursement benefits. In instances where employers don't offer these benefits, they might have instituted programs that allow employees to more easily save money for back to school pursuits. The Council for Adult & Experiential Learning, for example, has created Lifelong Learning Accounts, or LiLAs, that work similarly to 401-K savings plans. Employers opt to establish the program on behalf of employees who might want to go back to school, and employer contributions are voluntary.

As online certificate programs information will show, there are a variety of programs and offerings, including accelerated and online degree programs, that might make it easier and more appealing these days for adults from different backgrounds to go back to school. In going back to school and obtaining a college or university degree, adults might expect to earn more money for themselves and their families, to decrease their likelihood of unemployment even in tough times. Adults going back to school and earning their degrees also tend to enjoy retirement plans, health insurance benefits, even longer, healthier lives, studies show.




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