study<\/a> by Bankrate tells that nearly 22% of Americans have higher credit card debt than savings. Among them, the Millennials comprise the largest number. The study delineated that a majority of Americans struggle to understand what the focus of their finance management-paying debts or savings should be.<\/p>\n\n\n\nThese trends show concern because they ultimately impact the economy. Poor finance management can increase the social liability of the government.<\/p>\n\n\n\n
People worldwide understood the value of savings during the pandemic that caused income depletion, triggered by unemployment and expensive utilities. Instilling some pecuniary sense into students can help them float through rough times, clear their basic investment doubts, and improve their financial future.<\/p>\n\n\n\n
How can colleges make students industry-ready?<\/h2>\n\n\n\n
The idea of a college education is to make it more holistic. Instead of only equipping them with core subject knowledge, let them also be aware of necessary soft skills that can make a difference in their lives once they graduate. <\/p>\n\n\n\n
The following three ideas can steer a college and the student toward industry readiness.<\/p>\n\n\n\n
Include more Coop programs in their college <\/h3>\n\n\n\n
There are college programs that allow students to gain work experience along with their college degrees. Many colleges offer such programs, also known as co-op programs. These programs tend to deliver the best of both, theory and practical knowledge.<\/p>\n\n\n\n
The idea is to teach real-life skills to the students in such a way that they are exposed to the industry needs and still have time to acquire those skills. These programs have been there for a while, but skill gaps remain.<\/p>\n\n\n\n
Perhaps the students can also act as agents of knowledge and give the institutions feedback about the curriculum’s learning gaps, bringing them in sync with the current industry requirements. <\/p>\n\n\n\n
Conduct yearly review programs with the companies <\/h3>\n\n\n\n
Institutions can conduct yearly or two-yearly review meetings with companies that have previously hired students from colleges or with companies that are willing to make campus recruitments in the coming year. This can help the institutions understand which skills are preferable so that they can align their curriculum or projects to instill those skills in the students.<\/p>\n\n\n\n
Use the Alumni<\/h3>\n\n\n\n
Alumni are one of the biggest assets of institutions. And alumni who are in big companies or entrepreneurs are treasures for the institutions. The institutions can request the alumni to not only enlighten the students and institutions about what topics are obsolete and what skills are much needed but also about how those skills can be achieved.<\/p>\n","protected":false},"excerpt":{"rendered":"
The trends around the Big Blur and hiring students without college degrees point to a common idea-mismatch between what is taught and work industry standards. Our focus this time is somewhere between the two, which includes teaching students the skills that the dynamic times demand but rendering learning beyond the scope of a mere textbook. […]<\/p>\n","protected":false},"author":12,"featured_media":12295,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[420],"tags":[478,104,476,37],"class_list":["post-9537","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-newsletter","tag-curriculum-learning","tag-e-learning","tag-learning-and-development","tag-online-learning"],"acf":[],"yoast_head":"\n
Why do students need to learn beyond their college subjects?<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\t\n\t\n\t\n