by Jeb Bush and Joe Lonsdale, Forbes
Today, there are more than 5.5 million unfilled jobs in the U.S. labor market, up from 3.2 million just five years ago. It’s not due to a lack of workers aspiring for better jobs, but a lack of workers qualified for the very positions employers need filled. America is facing a skills gap that only continues to grow as innovation outpaces our education system. A recent study by McKinsey and Company found that nearly half of today’s jobs could be automated using current technology, a challenge on par with the industrial revolutions of the 19th century. When it comes to improving higher education today, one major obstacle is government bureaucracy. Our government has long set up insidious funding structures that saddle Americans with astronomical student loans, poor educational outcomes and little applicable, real life experience.
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