Saavedra, Jaime

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Global Trends and the Future of Higher EducationJaime SaavedraUTEC PURDUE POLYTECHNIC SUMMITJune 2018Returns to schooling Montenegro & Patrinos (2013). Returns to schooling around the World. The World BankSocial returns to tertiary education are highBackground:Basic education44%     53%Reading    MathWhat does low quality learning feel like?• This • is• how• most• 3rd-grade kids • in • low-income countries• read, • at best•  • This • is• how• most • 3rd-grade kids • in • rich • countries • read•  With thanks to Luis Crouch, RTI International for allowing us to share his idea% of primary school students that DON’T reach a minimum proficiency levelSchooling is not learningTertiary educationBooming higher education enrollments Tertiary Gross Enrollment RatioPercentageAre students learning in ALL institutions? 6.3Accredited public universities3 million students 32 million studentsFour critical issues in higher education132EquityGovernanceFlexibility 4Innovation Equity1Sharp rise in access among the poorHigher education students in the bottom 40%  of income (%) Tertiary education remains a privilegePercentage of 25-29 years old who have completed at least 4 years of tertiary education, by wealthSenegal Richest 8%Poorest 0%France Richest 65%Poorest 30%India Richest 40%Poorest 5%Balance equality of opportunities with high academic standards             Flexibility2Is the university the only path to success? Net returns in PeruAverage net return per fieldDifferent disciplines PhDTechnical degreeVocationalPolytechnicdegreeCertificatesB.A.Governance3Is regulation needed?Asymmetric informationLimited computational capacity Quality is observed with a lag  Social cost of market clearing is too high Autonomy vs. regulationTo assure minimum standardsTo assure equity of accessTo allocate public financial subsidies adequately Autonomy RegulationWhat to teachWhat experience is given to the student What curriculumWhat modes of delivery Innovation4Top 10 skills in 2020• Complex Problem Solving• Critical Thinking• Creativity• People Management• Coordination with Others• Emotional Intelligence• Judgement and Decision Making• Service Orientation• Negotiation• Cognitive FlexiblySource: Future of Jobs Report. World Economic Forum How do we build these skills? Latin America needs a shiftTechnical and professional skillsGeneral and socio-emotional skills and citizenshipThe classroom at the firmThe classroom in the neighborhoodThe classroom in your dormThe classroom in the classroomUniversities/Technical institutions are unique spaces for innovationPartnership university-industryUniversities/ Technical institutionsSolutions that change livesGovernment sponsored public-private linkageCommercial spinoff of university endeavorThank you!

Global Trends and the Future of Higher Education

https://docs.lib.purdue.edu/cgi/viewcontent.cgi?article=1083&context=polytechsummit

Global Trends and the Future of Higher Education

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