Calling on the American Business Community: Help our K-12 Education!
Wednesday, October 14, 2009
The economic impact on education is a national crisis…
The New America Alliance (NAA) and The Executive Leadership Council, along with education experts have recently declared the economic impact on education must be addressed now. Leaders stated that the education crisis is a national crisis that left unaddressed will drain our country as we increasingly become non-competitive for the best-paying jobs worldwide in a global economy.
A study presented at the gathering by McKinsey & Company revealed that the U.S. loses an estimated $3-5 billion a day in productivity by not addressing the problems in public education.
“Bluntly stated, America’s economic future is at stake unless the education crisis is addressed by our leaders at the national, state, and local levels. If our public education system was a business product, it simply would not sell.” said Carlos Loumiet, NAA’s Chair. “This is not just a societal crisis, but also a huge problem for American business, which must respond by driving ideas and resources where they are needed most. We must muster the national will to tackle this problem as we have all our prior crises that have faced our nation.”
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