This article, part of a special report on Education from The Economist, describes various ways education is driven by new measures of Return on Investment (ROI). It begins with a profile of General Assembly, an innovative, successful educational organization that focuses on course delivery in physical places.
There’s strong demand emerging for new combinations of skills (“hybrid jobs”), that increasingly involving programming applied to sectors that till now did not require it. I noticed this in the field of graphic design, for example, as both a friend who has been a long-time designer, and my son (much younger than him, and far fewer years in the field), both learned programming languages as a requirement for their work. That said, there are rewards as the article notes 49% of postings in the quartile of occupations with the highest pay are for jobs that frequently ask for coding skills.
Lastly, the article focuses on the decline of on the job training, in part because change is so fast that employers don’t know what to train for. Some paths for addressing this are outlined, including Singapore, which invests heavily in providing citizens learning credits they can draw on along their work lives.