Here's where it all comes together. Let's keep it simple, in list form, because this list WILL make a difference.
The skills, habits, and culture that are picked up in post secondary schooling WILL be carried over into the working world. If we show an environment of wasted spending, lack of commitment to student/client/customer needs, and fixed mindset tendencies...those WILL exist in the working world beyond moving forward.
If we build debt in our youth as they go to school and become adults, debt WILL become a more acceptable idea as they move into their working life...which impacts our economy. Not to mention the fact that their debt WILL impact their ability to save and/or spend moving forward which also impacts the economy.
If post secondary institutions perpetuate elitism, that trickles down into the economy and breeds gaps in a variety of institutions. If accountability is low (tenure) for people in post secondary education, we WILL see the expectation for low accountability but high reward transition into other aspects of the world.
Mental health is being falsely prioritized in post secondary institutions, and falsely prioritized in business. This is not a coincidence. It needs massive upgrades in both sectors in order to build a stable group of people who build a stable economy. The schools and businesses that prioritize this WILL excel. The others WILL just always be...the others.
Lack of connection with organizational values is perpetuated and accepted over time, which WILL lead to less invested employees, higher turnover, more sick days, decreased inclusion, and lower likelihood of accomplishing key performance indicators.
Our struggles as students WILL lead to similar struggles as employees.
Keep spending connected to accountability and outcomes. If spending exceeds standards of accountability and outcomes it will lead to decreased trust. Demonstrate accountability and outcome connection in order to build trust.
Economic models of post secondary institutions are narrow and basic. A customer (student) pays a fee, in order to receive a service (education) and get a degree. But what if we involved employers more in the process? What if employers in certain fields could fund education for the people they will one day employ? In exchange they can be offered insight into curriculum development that fits the "real world" because, not surprisingly, education really isn't reflecting the real world right now. This would provide more threading of applicable values and skills through education AND the workplace.
More practicums in school. For the same reasons as above, it's time to reduce classroom time and increase practicum time.
Do away with tenure and continuous appointment. Increase financial incentives for research/production, but all reward must be connect to accountability.
Double, triple, and quadruple investment in mental health for students. Starting in elementary education and carrying forward through the rest of schooling is key to building a workforce that is more resilient, creative, and innovative. We wonder why these skills don't exist in our employees? It's because the support for their challenges that they needed early wasn't there.
MEASURE CULTURE AND CONNECTION to values in order to build sustainable success and decrease the very clear costs associated with ignoring these measurables.
Yes, it's much more complicated than this but these are data based findings, along with actionable solutions. You chose whether you do them or not.