America’s High-Risk, High-Reward Higher Education System

Andrew Kelly:

Last month, the Educational Testing Service (ETS) added to a familiar refrain, releasing a new report on how American Millennials lag behind their peers in other countries on measures of literacy, numeracy, and “problem-solving in technology rich environments.” Using data from the Program for the International Assessment of Adult Competencies (PIAAC), the authors showed that American Millennials ranked at the bottom in both numeracy and problem-solving. Fully 64 percent of Americans scored below the lowest proficiency rating on the numeracy exam, compared to about 1/3 of Millennials in places like Finland, the Netherlands, and Japan.

The picture wasn’t much brighter among young workers with bachelors and graduate degrees. On the numeracy exam, American BA holders outscored their peers in only two countries—Italy and Poland. Those with grad degrees outscored counterparts in Italy, Poland, and Spain.

The authors point out the incongruity: “A nation with some of the most prestigious institutions of higher learning in the world houses a college-educated population that scores among the lowest of the participating OECD nations in literacy and numeracy.” “As a country,” the authors conclude, “simply providing more education may not be the answer. There needs to be a greater focus on skills…”