Steve writes about the “31 Causes of Failure” included in Napoleon Hill’s seminal work on financial success, Think and Grow Rich. High on that list, holding down the #4 slot, is education. The discussion of education tends to center on keeping your mind active with constant learning activities, or on “continuing education,” which can amount to community college classes, seminars, or self-help books. There are many professions, nursing and teaching among them, that require some element of continuing education as a prerequisite for retaining a professional license.
But there is also a case to be made for redefining insufficient education within the context of the economic changes that have swept this nation over the past decade. The last three years have seen a prolonged financial and employment downturn, but in both cases they are signs of trends that have been underway for some time. The offshoring of the U.S. manufacturing sector has been devastating to millions of wage earners and (former) homeowners. Nonskilled jobs have been followed to the developing nations by skilled positions including IT jobs, accounting and actuarial jobs, many other white collar support roles, even freelance writing: I am constantly underbid on writing gigs by people in Bangalore or some other exotic time zone.
It is not unreasonable to suggest that insufficient education today may be because a job for which a bachelor’s degree was sufficient a decade ago now requires a master’s degree. That may be due to the increasing complexity of some professions – civil engineering comes to mind – or it may mean that employers can be more selective in their baseline requirements for professional employees. The IT requirements for many jobs have shot up over the past ten years; today you can find graduate degree programs in nursing informatics and financial engineering – two examples of professional niches that didn’t exist for the last generation.
For someone who is currently unemployed, has gotten through college and put in several years of successful work experience based on those undergraduate studies, the suggestion that they lack sufficient education isn’t a fair statement. The education that many of us obtained prior to entering the work force simply isn’t applicable in today’s domestic economy or doesn’t meet newly established benchmarks for professional advancement. Fixing a situation like may require a more concerted effort than continuing education.
Today a wealth of online graduate degree programs designed for experienced and/or working professionals exists. Many are part time, for those of us who are still working; others are accelerated programs that can get you through a master’s program in a hurry. And today, most of them are offered by traditional universities that have expanded into distance learning. The morphing job market can be a frightening situation, especially for people who have embarked on a career track. Sometimes the best insurance for someone who has to change direction is an advanced degree to bolster those years of experience.
Article Source: Bob Hartzell is an in-house editor for Masters Degree Online.com. He writes about the current state of traditional and for-profit education including student loans, scholarships and distance learning.
What are the best subjects to learn for business - and life - success? If anyone sat down to identify the perfect secondary (and maybe college) education, I doubt they would come up with today’s average American curriculum. While there are plenty of courses in basic skills (reading, writing, mathematics, and so on) many other just as critical basic skills are overlooked (personal finance, homemaking, health/physical education). What are some of the critical components missing from our national curriculum?
From my own personal experience, I can suggest a few, but there are probably many more you can think of easily. I could also bash a few courses I took, but an argument can always be made for “knowledge for knowledge’s sake.” I believe that sincerely. I have never, for example, “used” A Tale of Two Cities
in my day-to-day life, but I’m glad I was forced to read it, stuck with it and finished it. Experiences like that created a love of reading for me. Other subjects I guess can be chalked up to “generally good to know although not terribly useful.” For me this included subjects like biology and mythology (one semester of “English” was actually spent studying mythology, which apparently means “Greek mythology” since we didn’t study anything else (not even the excellent D’Aulaires’ Book of Norse Myths
). While those subjects were sometimes interesting, I didn’t learn much from either except that I don’t like biology and that you shouldn’t steal fire from the gods.
Here are a few subjects that are very useful, and why:
1. Typing. Out of all of the courses I’ve taken in my life, this one has made the most profound difference in my daily life. I took a typing course in high school, back when it meant learning to pound out “the quick brown fox jumps over the lazy dog” 500 times on a MANUAL typewriter. However, the experience taught me how to type, and very, very well, which means I can blaze away typing even while carrying on a conversation or reading something else. I doubt I have to explain to anyone who uses a computer why lightning-fast typing speed is useful.
2. Speech. I took a public speaking class that changed my life. Before that class, like everyone, I was nervous about speaking. After it, I was still nervous, but I learned that it was a temporary nervousness and that anything was possible. We had to give speeches to groups, recite monologues, debate, take questions and almost any type of “speaking in front of a crowd” activity you can think of. To this day I am relaxed and confident speaking to any group; I have addressed 2000 people or 10 board directors or 1 interviewer with equal calm.
3. Personal finance. I didn’t ever take a personal finance course, and I wish I had. Everything I learned about finance before college came from my parents, my grandparents about money, part 1 | brip blap or my own reading. A course that taught me things they weren’t as familiar with or not as proficient with - real estate dealings come to mind - would have been a great learning experience for me. That having been said, I’m sure personal finance would use textbooks sponsored by Capital One and tout the benefit of home equity loans to consolidate credit card debt.
4. Physical education. As a varsity athlete I was exempt from physical education, but I wish I hadn’t been. Learning to do some very basic “normal” training would have been helpful. I focused all of my energy on preparation for one sport (tennis) rather than general fitness. This had disastrous results later in life.
5. Homemaking. Don’t laugh. I think learning how to cook could save this country billions in health care costs. Imagine if people could actually prepare healthy food at home. My mother is a terrific cook, and I never had any motivation throughout high school to learn how to cook. I went straight from there to a fraternity house where meals were provided. When I finally started living on my own, my gourmet best was frozen pizza…
6. Civics. I took a civics course, but it was ridiculous. My wife, who is an immigrant, was required to undergo detailed testing before she obtained US citizenship on the Constitution, US history and civic life. Now, it may not be necessary for everyone in this country to know how many Congressmen there are or how many Supreme Court justices there are (although they should) but everyone should know the Bill of Rights and their civic duties (jury duty and so on).
Optional Bonus #7: A foreign language. Now, many people might disagree with me on this suggestion, and of course many people feel a certain nationalistic need to defend English as “America’s language” or French as “Belgium’s language” or whatever. I don’t really think most people need to become fluent in a foreign language, and I’ve been a great proponent of the world agreeing on a true lingua franca – a second language everyone would learn. As of today, that language might be English – it’s fairly easy to learn and already quite widespread. But 100 years from now it might be Portuguese, or Spanish. Who knows, who cares. The point is that foreign languages open up your mind. Studying a foreign language helps you understand that different people think differently. That’s invaluable, in my opinion. My life so far has taken a vastly different direction than it might have thanks to my study of foreign languages – especially Russian. You can see why by reading an old post of mine, “boosting your career with an overseas stint“.
You could go on, but these are some basic courses that would make a big difference in the US population. They are not taught often enough, and it’s a shame they aren’t. I am amazed to this day when I see people hunt-and-peck on the keyboard - not because I blame them, but because that’s not a basic required course for graduation from high school today. The same goes for the other 5 subjects up there. It’s hard to say when they will be required - or if they ever will be - but we can hope.
A few links below got me thinking. I’ve written about this before, but it’s amazing how much our society – particularly corporate society – values credentials, versus knowledge. I have done enough phone interviews with clients to realize that they are far more interested in my credentials than what I actually know. They want to know that I worked for a Big 4 firm, or have a master’s degree. Very seldom am I asked about specific technical knowledge. I can only recall one call, about five years ago, when a client quizzed me on an accounting standard.
That’s fine, of course: most companies like to use your work history as “shorthand” for knowledge. A certain body of knowledge can be assumed based on the company. Or can it? Credentials can be misleading. I know CPAs who don’t know thing one about taxes, for example, but many people would assume that having “CPA” tagged after your name means you are up-to-date and knowledgeable about taxes. And I’ve ridden my master’s degree for years, even though it’s a body of knowledge frozen in time in the early 90s; there have been huge changes in the field of accounting since I got my imitation sheepskin.
But until the day comes when someone with no college degree but an impressive volume of self-taught knowledge can get a good white-collar job – or even get in the door for an interview – having a few “good names” on your resume will make a big difference.
Are there Alternatives to College Careers?: Of course there are. I’m always surprised at how dismissive people can be of careers that don’t require a college degree, especially considering the cost of a degree these days (see The Educated Indentured Servant). But as I said above, even if I worked my way through thousands of hours of self-taught education (books, online resources and even free TV lectures, etc.) on accounting, I doubt I could get in the door for an interview in a corporate accounting department.
The Incredible Value of the Local Library (A Visual Tour) versus Books. If you read both articles, you’ll notice there is a big gap out there between people who love libraries and frequent them often, and those who simply never go to one because so much free information is available online. My suspicion is that the people who value libraries the most are parents of small children. Before I had kids, I had probably been to a library three times in ten years. Nowadays, though, it’s not out of the question for me to go two to three times a week.
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