The Challenges for the Next Generation (1)

Here is one of those snippets of news that highlight what the generation that is now going through the school system is up against. Income inequality is increasingly an age issue where younger people entering the workforce will have a much harder time to make ends meet as opposed to their parents, according to the Conference Board of Canada today:

“Increasingly it’s clear that Canada doesn’t have a problem with a declining middle-class; rather it’s a problem of income and wealth inequality for younger generations,” he said.

“From skyrocketing tuition to the increasing cost of home ownership to the prospect of stagnating wages and precarious work — young Canadians are increasingly on shaky financial footing and not able to get ahead.”

To me this means that we will have look that much harder at what 'work' will be like tomorrow and what the real value is of university education when it means students have to incur vast loads of debt to obtain degrees that no longer hold the value they once had. It will require a radical overhaul in thinking about how we educate and to what end goal.