Tuesday, September 27, 2011

Bill Gates: The U.S. Economy and Public Education

Bill Gates: The U.S. Economy and Public Education:

The U.S. Economy and Public Education


At NBC's Education Nation Summit yesterday, Melinda sat down with our good friend Warren Buffett and his daughter, Susie Buffett, to talk about education.

Melinda and I believe deeply that education should be everyone's priority, and it should be at the top of our nation's domestic policy agenda. There's a lot of uncertainty today about our nation's economy, but there is no uncertainty that a high-quality education is key to economic prosperity for all of our people -- and for us as a nation.

The numbers don't lie. Unemployment rates among Americans who never went to college are about double that of those who have a postsecondary education. And the need for highly-skilled workers is growing. By 2018, an estimated 63 percent of all new U.S. jobs will require workers with an education beyond high school.

For our young people to get those jobs, they first need to graduate from high school ready to start a postsecondary education. Right now, only one-third of all high school graduates are prepared to