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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, and the need for skills training for the 21st century.

The conversation highlights the inadequacies of primary and secondary education, particularly in predominantly black schools. The speaker emphasizes that despite high spending per student, the quality of education remains low.

Key issues include social promotion and the inability of graduates to perform basic mathematics. The speaker argues that addressing these foundational problems is essential for improving the standard of living.

The episode also touches on the importance of preparing young people for new economy jobs, stressing that education reform must prioritize early childhood education.

TLDR

Education in the U.S. is failing K-2 students, especially in racially segregated schools, impacting future job readiness.

Episode

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

Episode Highlights

  • The State of Education in America
    Exploring the challenges in the U.S. education system, particularly in early grades.
    “It's really bad and getting worse if you're going to increase the standard of living.”
    @ 00m 08s
    December 16, 2024
  • Racial Segregation in Schools
    Highlighting the significant racial divides in early education.
    “We have incredible segregation in K through 2 by race.”
    @ 00m 37s
    December 16, 2024

Episode Quotes

  • How do we educate our young for the new economy?
    Wharton's Jeremy Siegel & Kent Smetters on improving education in the U.S.
  • If I had the one choice, it would be K through 2.
    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

  • Education Crisis00:08
  • Focus on Early Education00:26
  • Racial Divide00:33