41% parents think traditional edu will not secure kids' future: report

Nearly half (46 per cent) of parents expressed concern about their children's financial security and questioned the value of expensive degrees in the evolving job market

school education, school
Photo: Pexels
Ayush Mishra New Delhi
2 min read Last Updated : Jul 15 2024 | 5:26 PM IST
Over 4o per cent of parents globally believe the traditional education-to-employment route is no longer sufficient for their children’s future, a report by edtech startup Brightchamps said.
 
Released on World Youth Skills Day by Brightchamps, which calls itself “global next-generation skills learning platform”, ‘Pulse of Parents’ report provides insights into parental concerns about education across 27 countries. It is based on surveys and interviews with 511 parents, and highlights a significant shift in attitudes towards traditional education.
 
The report covers insights from various regions, including Asia, the Middle East, Europe, India, and the United States. It underscores a global trend towards reimagining education to better prepare children for an increasingly dynamic and technology-driven future.
 
Key findings of the report:
 
41 per cent of parents globally believe the traditional education-to-employment route is no longer enough for their children’s future, with this figure rising to 56 per cent in the United States.
 
A striking 65 per cent of parents worldwide emphasise the need for practical skill-building to complement academic learning. This sentiment is particularly strong in South East Asia, India, and Europe, where three out of four parents strongly agree.
 
Robotics and artificial intelligence/machine learning are perceived as the most crucial life skills for the next decade by 33 per cent of parents globally.
 
Nearly half (46 per cent) of parents expressed concern about their children’s financial security and questioned the value of expensive degrees in the evolving job market.
 
In India, 50 per cent of parents feel that school education alone is insufficient to prepare their children for the future.
 
Ravi Bhushan, founder & CEO of Brightchamps, highlighted the growing scepticism towards traditional educational paths and the increasing demand for practical skills training.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :education

First Published: Jul 15 2024 | 5:26 PM IST

Next Story