Education has been considered as an important step towards success. However, with advancements in technology, the job market today has changed dramatically. Moreover, new job roles and designations are created every year. Considering the changing work scenario, it is important that there is a paradigm shift in which education is provided. In present-day society, formal education is still the same as many years ago where students’ intelligence is tested by the same standardised tests. The significance of formal education has declined in recent times. However, formal education has been instrumental in preparing students for today’s challenges as education systems are getting diversified.
Opponents of formal education often argue that it is theoretical in nature and fails to prepare students for contributing to the global economy. Most schools and colleges today teach students subjects and topics that are quite outdated and theoretical in nature. The lack of proper practical training in subjects leads students to lack real-life skills. This is especially true in the case of India where many aspiring engineers are left unemployed because of the course-work that is outdated and not job-centric. In fact, the lack of employability skills leaves many students to take up jobs in fields not related to engineering. Similarly, in Singapore, young graduates face higher unemployment levels compared to older peers. Education, therefore, has not equipped students with practical knowledge and the qualities they achieve through education are not indicative of students’ ability to reason and creative thinking. Thus, formal education has failed to prepare people to face the challenges of the global economy.
However, education has diversified its ways to impart knowledge to students. Formal education is adapting to keep up with the changes of today. Northern European countries like Norway, Finland and Denmark lead the way in providing formal education along with vocational training which ensures that the students remain employable. Similarly, in countries like Germany and Singapore, there are a myriad of vocational courses that people can undertake. Moreover, in Singapore people can enrol themselves in polytechnics instead of universities to get a more hands-on experience within a dynamic environment. In developing countries like India, vocational education and training are steadily gaining momentum. Indians today are not only getting educated in conventional fields like medicine and engineering. Today, they are also gaining education to become trained electricians, plumbers and fashion designers. When students are trained vocationally, they can be beneficial to the economy as they can earn higher wages and contribute to economic growth. This is the reason why many countries have recognised the importance of skill-based learning and are investing in vocational training. Therefore, formal education helps students become ready for today’s economic challenges, as education systems are diversifying and adapting to global changes.
Formal education is also instrumental in minimising the divide between different races and religions. Many countries today are facing challenges in forms of racial and religious divides. Formal education systems are important in diminishing these divides as most educational systems emphasise on the holistic development of students. This is evident through the various activities and programmes that are available to students at school and university level. An example of this can be seen in the US where students are enrolled in the Child Development Project (CDP) in multiple states. The programme helps to foster children’s ethical, social and intellectual development. Furthermore, in-school educational systems enrolling in extra-curricular activities like dance, drama, music, art and debate helps children to collaborate with a diverse range of peers. This helps in building skills like teamwork and resilience which are very much necessary in today’s volatile job market. Extracurricular activities also help in promoting lasting friendships among students from diverse backgrounds and fosters social integration which helps the children to become a responsible citizen in the future. Thus, formal education plays an important role in the overall development of the children in the form of extracurricular activities and prepares people to face the challenges of today.
In conclusion, traditional forms of formal education do little in preparing students for today’s challenges. However, education systems across the world are adapting to the changes in present times. Formal education today is emphasising on development of children not only to prepare them for the job world but also to face social challenges. Therefore, formal education cannot be easily dismissed as irrelevant to students today.
