
STEM INITIATIVES:
The STEM Challenge grows deeper and more serious as
time passes. Recent data shows only one qualified domestic
candidate
exists for every three STEM jobs currently available. Today's
students, either by choice or by design, fall short of the qualifications
necessary to meet the market demand.
Colleges suffering from funding reductions are raising
tuitions which drives enrollments down and results in a
financial crisis.
The Bain Report forecasts that as high as one third of our
current colleges and universities will financially fail in the
next few years.
IEDSE, through its corporate sponsors, identified a potential
solution that could generate new revenue streams for
institutes of
higher learning while solving many of the educational needs of
corporate America. Business moves at the speed of industry
while
education moves at the speed of academia thus the
communication breakdown.