Teachers are “threatened” with layoffs. In some cases, the profession is openly mocked. Meanwhile, corporations are staring blankly at the knowledge gap in their industries. The older generation is retiring, moving on, and taking their knowledge with them. Teacher’s unions are busted and disappearing. Apprenticeships are a thing of the past. Everyone is asking “where are the jobs – there is plenty of work to do”
Education is obviously a financial instrument. Think about that for a minute – it is an investment like any other investment. Wall Street has an arbitrage instrument for every market anomaly – why not education?
What would happen if teachers were given an equity position in their students? Isn’t this what families do to prepare their kids to take over the family business? Isn’t this what happens in corporations where executives pick proteges? Isn’t this what happens in politics where knowledge is traded among a closed group?
A school like Harvard University or MIT certainly hold and equity position in their students. What if every community viewed every child as an asset instead of a liability?Read More