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Wharton's Jeremy Siegel & Kent Smetters on improving education in the U.S.

December 16, 2024 / 01:14

This episode discusses the state of education in the United States, focusing on K-2 education, racial segregation in schools, and the need for skills training for 21st-century jobs.

The conversation highlights the inadequacies of primary and secondary education, particularly in predominantly black schools, where funding does not translate to better outcomes. The speaker emphasizes that despite high spending per student, many graduates struggle with basic mathematics.

There is a strong call for reform in early education, with a focus on preparing students for future job markets. The speaker argues that addressing these issues is crucial for improving the standard of living for the population.

Overall, the episode raises important questions about educational equity and the effectiveness of current teaching methods in the U.S.

TL;DR

Education reform is needed for K-2 to prepare students for future jobs and address racial disparities.

Episode

1:14
00:00:00
in the United States and we have really
00:00:02
great graduate schools no question about
00:00:04
that and some of the finest colleges but
00:00:07
at our secondary Primary School it's
00:00:08
really bad and getting worse if you're
00:00:11
going to increase the standard of living
00:00:13
of the population you have to train them
00:00:15
for the 21st century jobs no one is
00:00:17
talking about how do we educate our
00:00:19
young to get the skills that they need
00:00:23
to get the wages in the new economy if I
00:00:26
had the one choice it would be K
00:00:28
through2 I mean that is is still the
00:00:31
part that is really lacking in America
00:00:33
it's also heavily divided by race in
00:00:37
particular and it's not just about money
00:00:39
first of all we have incredible
00:00:40
segregation in K through2 by race if you
00:00:44
just only look at predominantly black
00:00:46
schools and look how much we spend per
00:00:48
kid it still will be the highest in the
00:00:50
oecd there's a lot of other things that
00:00:53
are being done there and so the move
00:00:55
towards social promotion fact that lots
00:00:57
of our graduates are not able to do
00:01:00
mathematics beyond the sixth grade
00:01:02
retraining is not going to be useful for
00:01:04
a lot of that and so that is really
00:01:06
where I'd focus and

Episode Highlights

  • Training for the 21st Century
    A call to focus on educating youth for future job markets.
    “If you're going to increase the standard of living, you have to train them.”
    @ 00m 11s
    December 16, 2024
  • Educational Disparities in America
    The speaker highlights the severe segregation and funding issues in K-2 education.
    “We have incredible segregation in K through 2 by race.”
    @ 00m 37s
    December 16, 2024

Episode Quotes

  • If you're going to increase the standard of living, you have to train them.
    Wharton's Jeremy Siegel & Kent Smetters on improving education in the U.S.
  • That is still the part that is really lacking in America.
    Wharton's Jeremy Siegel & Kent Smetters on improving education in the U.S.
  • We have incredible segregation in K through 2 by race.
    Wharton's Jeremy Siegel & Kent Smetters on improving education in the U.S.

Key Moments

  • Job Skills Training00:15
  • Education Standards00:28
  • Segregation Issues00:37

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