The skills college graduates acquire during college have an expected shelf life of less than five years.*
Welcome to the age of lifelong learning. A bachelor’s degree used to provide enough basic training to last a career. Today, the skills that college graduates acquire during college have an expected shelf life of less than five years. The lessons learned in school thus become outdated long before student loans are paid off. National competitiveness may face no bigger challenge than the accelerating cycle of obsolescence. More than almost any other factor, national competitiveness becomes a matter of how to rapidly train and retrain vast numbers of people on an ongoing basis.
*”Brawn from brains: Talent, policy and the future of American competitiveness,” Deloitte University Press, http://dupress.com/articles/brawn-from-brains-talent-policy-and-the-future-of-american-competitiveness/.