Tuesday, May 1, 2018

Commentary: Education reforms illusive as tax cuts lead to higher degree costs, widening skills gap

A large class of under-skilled, under-employed American workers will continue to plague businesses unless tax cuts starving education funding are addressed, says one observer from the Financial Times.
Read more at https://www.channelnewsasia.com/news/commentary/us-education-reforms-skills-gap-higher-degree-costs-10188716
 (Updated: )

Ricky Lim · 
Changing that is nothing short of a national security issue. Economic research shows that only when education stays ahead of technology can countries prosper. Yet in the US the system is so broken that the quest for education is itself leading to rising inequality, and a US$1.3 trillion student debt pile.
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The massive tax cut introduced by Trump only benefit US businesses ---- but greatly reduce the whole Country future competitiveness as a drastic shortage of educated manpower - will make US no longer great again.
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