Investment in Education – A must or a fuss?

The most consistent factor in Britain’s relative weakness seems to be the low levels of investment in education. Skills supply, utilization, and progression are the main challenges in vocational education and training in the UK.

Investment in education means growing, feeding and cultivating important values in each individual, developing him as an active element of the social life.

Throughout history, education has demonstrated its vital role in developing the civilization, the culture of humanity, in increasing order and rationality in social life, in cultivating spiritual values, and thereby conferring an elevated status to the human condition. It is also a particular type of human action, intervention or direction, a fundamental category of pedagogy. Differs from one historical stage to another according to the material and spiritual conditions of society. A 21st-century investment in education must surely look different from that of 30 years ago.

Education is essential for the UK’s modern knowledge economy. However, in the absence of sufficient and sustained investment, the UK’s research base in the educational sector will fall behind key competitors.

The failure to upgrade this system also makes the UK less productive.

The government launched a strategy to keep the UK at the top of digital technology developments insisting on the major role skills development must have a new Digital Skills Partnership.

Improving both the academic and the vocational is key in these times.

Politicians should pay attention to the latest education research when coming up with policies.

The government should put on the table a long-term plan for education that will help build a stronger economy and a fairer society.

The more consistent factor in Britain’s relative weakness seems to be the low levels of investment. Businesses and universities should work closely to match graduates with employer roles. A relevant initiative is looming from the government’s tax reliefs around innovation hubs, such as London’s Tech City.

 

UK manufacturing is a critical sector, delivering 11% of national GDP and employing 2.6 million people, it is, therefore, crucial that its future success is protected. Education is the most effective way of boosting productivity, but it is no quick fix. And, in terms of driving innovation through technology, 78% want greater access to funding to invest in R&D and other innovative manufacturing techniques and processes. While investment in education remains critical, the consultation also showed that manufacturers are already committed to investing in new technologies themselves.

A greater industry-led development of education programs to produce the skills required is also needed. Preparing the next generation of manufacturing workforce has to be the most important measure that must be taken and that should be addressed. Several organizations agree on this as well.

Industry wants the UK to focus on global competitiveness and productivity. Three key areas came to the fore – education, investment, and innovation. There is a concerted call for improved support to enable greater collaboration between education and business.

The government must give the teachers the support for them to give our youth a solid foundation and the necessary tools to succeed in school and in the labor market.

There are evident fissures in the public education system that should make the government re-examine and take fast actions on why the recent adjustments are not sufficient and look deeper on why it is failing the students and the industrial sector as well. To create a stronger economy we have to properly invest in a fairer society so that our young people can be successful in the future. It is crucial that we start investing in education so that every child has a fair start in life. We should know and bear in mind that, constant investment in education is key to success in a growing society.

 

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