Cannabis capitalists: the business leaders hoping for a marijuana boom – The Economist Published on Nov 29, 2016


Over half of all American states have taken some steps to legalise marijuana, a move The Economist has argued for since 1989. There is now a burgeoning industry being shaped by a new generation of cannabis capitalists.

 

 

Ready or Not – By Allie Grasgreen FEB. 27 2014 7:24 AM


Are college graduates prepared for the workforce? Only university administrators seem to think so.

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If provosts could grade themselves on how well they’re preparing students for success in the workforce, they’d give themselves an A+.

They did, sort of, in Inside Higher Ed‘s 2014 survey of chief academic officers. Ninety-six percent said they were doing a good job—but they may have been grading on a curve.

In a new survey by Gallup measuring how business leaders and the American public view the state and value of higher education, just 14 percent of Americans—and only 11 percent of business leaders—strongly agreed that graduates have the necessary skills and competencies to succeed in the workplace.

“It’s such a shocking gap; it’s just hard to even say what’s going on here,” Brandon Busteed, executive director of Gallup Education, said in an interview before the survey’s release at an event in Washington on Tuesday.

Some of the event’s speakers had an idea or two.

“It depends on the frame of reference,” Nancy Cantor, chancellor of Rutgers University–Newark, said. When provosts are asked how they’re doing, they think of all the great things they’re doing with individual students on campus. But when you ask businesses and members of the public, they think about everyone who hasn’t had the chance to go to college.

“There’s a conundrum here,” Cantor said. “On the one hand, everybody knows in a knowledge economy that a higher education credential is absolutely more critical than ever. As a result, we can be more critical of higher education than we may otherwise be.”

While the disparity in perspectives is huge, its existence is definitely not new: Plenty of other data have shown many students today are struggling to keep up in the workplace (if they even find jobs at all).

The survey includes 628 business leaders and 1,012 public citizens surveyed during November and December.