EDUCATION

To give importance on knowledge gained through education

may it be practical Or through classroom experience.
Without learning, a person can remain in a state of darkness. I
firmly believe that education is one of the most important
investments an individual can make. It is also critical for the
long-term health and prosperity of an individual and our nation
as a whole.
Today I would like to talk to you about education it’s
importance both for the individual and as a integral part of the
society.
Education ... has produced a vast population able to read but
unable to distinguish what is worth reading. - G. M. Trevelyan
"Education is not the answer to the question. Education is the
means to the answer to all questions." -- William Allin
Most of us understand the value of education. Education is not
only acquired through classroom but also of practical
experience
Your job, my job will rely on the amount of education we have
received and have achieved in subjects: Maths can help us out
in money in shops (you can become a successful shop
accountant, bank accountant etc.)
English helps us with our daily communicating skills (you can
become a successful lawyer etc.) English made people writers
like JK rowling, Roald Dhal etc. Science helps you with your
whole life pretty much. When you water plants, make a cup of
tea, freezing food, washing hands due to Bacteria etc. (you
could become a scientist, doctor, chemist) Science made
people like einstein etc. Extra languages mean more
communication with the people in different countries
(translators) etc. Even if you don't want a job you need to have
some sort of knowledge of the world. Education can either
make you wealthy or poor / famous or the ordinary
Most of us in this room understand the value of education both
to us and to the industry where we will be working or may
work in the future. A skilled workforce is essential to the
industries success.
Good afternoon. It is a pleasure to be here in front of you and
to talk about education. Like you, I want to gain knowledge as
much as I could to be successful in the field I have chosen to
work in. It is also critical for the long-term health and
prosperity of our nation.
Economists have long emphasized the importance of human
capital for economic growth and prosperity. Economic
prosperity is generally measured in terms of living standards,
and the improvement in living standards is closely linked to the
growth in the productivity of labor, that is, how much is
produced per hour of work. In order to improve living
standards, the productivity of individuals in a society must
increase. Education affects productivity in two critical ways.
First, education supports innovation that creates new
technologies, which, in turn, enhance the productivity of
workers in the economy. Second, education improves workers.
skills, which allow them not only to use new technologies but
also to use existing technology more effectively or efficiently.
Thus, education, I believe, is at the heart of productivity
improvements and thus at the center of how we achieve
increases in economic prosperity.
One way that education improves productivity is through
research and development,(pay attention to the professor…
and ask questions) which contributes to innovations and new
technologies that improve our standard of living and the
quality of our lives. We have seen this play out in the
innovations of the past two decades. Advances in information
and communications technology have had dramatic effects on
the world economy and how people live and work. Many of us
were born during this era of innovation, and technology is an
inherent and ingrained part of our daily lives. Before the
outburst of technology, our parents “the student” perhaps
have a record player or a typewriter; if they were fortunate,
the typewriter may have even been electric. But
communications between them and home, usually to ask for
money, would have been through letters they mailed home, in
the pay telephone in a hallway or (corner store) or a telegram,
and sometimes even by mouth (meaning … paki sabi kay nanay
o kay tatay kailangan ko ng pangmatrikula) home was shared
with the rest of the students in the dorm, if they are lucky to
be able to afford a dorm, if not they share the homes of
relatives or friends of friends. But, today most of us students
arrive with our own iPods, laptops, and cell phones, and
communication is through e-mail, instant messaging, and text
messages using your cell phone — which I am sure we do even
during classes, just place it on silence or vibrate
But technological progress and innovation occur in all fields.
We have seen great strides in the development of drugs and
medical procedures that improve our health. We also have
seen innovation and productivity gains in service industries.
Innovation in financial services has changed how firms and
individuals use and access the financial marketplace. Electronic
payments, money transfers and new products that distribute
risk and improve the efficiency of financial markets are
widespread. These innovations lower costs and expand
opportunities for individuals and industries. All this means is
that when we children needed money, we send a text message
or e-mail and expect to electronically deposit money into an
account for access the next day or even hours if they have it.
Education plays a vital role in the development of these
advances. First, our nation's colleges and universities train
many of the scientists and engineers who develop the
technologies that underlie these new products and
innovations. Second, education helps to teach individuals the
skills necessary to use and take advantage of new technologies.
A 2001 study of 16 OECD (Organization for Economic
Cooperation and Development) countries — including the U.S.,
Canada, Japan, and 13 European countries — examined the
effects on productivity growth of research and development —
or R&D — spending of various types, including domestic
businesses. R&D, foreign R&D, and government and university
R&D. Overall, this study of OECD countries underscores the
importance of R&D for productivity growth and thus economic
growth.1
Interestingly, this study found the effects of education on
productivity growth to be considerable. The effect of university
R&D spending on productivity growth was particularly
significant. The authors of the study attribute this to the fact
that universities provide basic knowledge to industries —
knowledge that is then used to make technological
innovations.
In addition, higher levels of education have been shown to help
drive innovations that raise productivity. Because innovations
can ultimately raise productivity growth, it is helpful to know
what factors are important in driving innovative activity.
I want to highlight the most important finding from that
research. In this study, the percent of the population with a
college education made the largest contribution to raising the
number of patents per capita in a metro area. This is what we
call a “knowledge economy.” Highly trained and highly skilled
workers are critical, not only to their individual success but also
to the inventiveness and productivity of the economy as a
whole.
Education and the skills learned in our colleges and universities
not only contribute to productivity through the innovations
and technologies they foster, but they equip individuals with
the tools and skills to use new technology in ways that make
the individual more productive. This is important, since more
productive individuals earn more.
The direct benefit to the individual from education is
substantial. College graduates make more than a high-school
diploma. Moreover, this premium for a college education is
growing. Just 10 years ago, college graduates earned only 69
percent more than their high-school counterparts. Of course,
for those that do not have a high-school diploma, the earnings
disparity is even greater. Individuals with at least a college
degree have median incomes more than 150 percent higher
than those
without a high-school diploma. Not only do individual earnings
rise with their investment in education, but the unemployment
rate for the more highly educated is significantly lower as well.
Even, when you apply for a job overseas, they require that you
have some type of education most practically a two year
education or more and even a second language, or a third.
The growing earnings gap between those individuals with more
education and training and those without has other important
implications. By almost any metric one can find, living
standards for the average person have improved significantly
over time. Yet it is generally acknowledged that income
inequality has also increased. This phenomenon is not recent;
it has been going on for some time. One of the most important
contributors to this increase in inequality is the growing
premium for the more highly skilled. Advances in technology
require a more highly skilled workforce, and so the rewards to
those with the requisite skills have been growing. This has
been an important contributor to the increases in income
inequality. Improved education and better opportunity in
human capital for more of our nation's people are thus critical
ingredients in eventually reducing this inequality.
Education is not a one-time event. Life-long learning is a
necessity in today's rapidly changing world. That means we the
students must have the desire to continue our education. To do
so, we must focus more attention on developing ourselves in
decision-making and problem-solving skills along with
analytical abilities and communication skills.
“So, as I say, take control of your education. Learn what you
have to learn; and keep right on going. Any time you see a
word you don’t know, look it up. Any time you see a name or a
subject you haven’t heard about, run to the nearest
encyclopedia or search the web. Try to read at least one
magazine cover to cover every week. Read a book a month. Go
on offense. Take a look at the subjects you know and plan how
you can extend that knowledge. Consider the subjects you
know little about and figure the easiest way to move toward
learning more. Take charge.

New Virus Warning Date of Joke: Sunday, 7th May, 2006

there is a dangerous virus being passed electronically, orally and
by hand. This virus is called Worm-Overload-Recreational-Killer
(WORK). If you receive WORK from any of your colleagues, your
boss or anyone else via any means DO NOT TOUCH IT. This virus
will wipe out your private life completely.
If you should come into contact with WORK put your jacket on
and take two good friends to the nearest bar. Purchase the
antidote known as Work-Isolator-Neutralizer-Extractor (WINE)
or Bothersome-Employer- Eliminator-Rebooter (BEER). Take the
antidote repeatedly until WORK has been completely eliminated
from your system.
You should forward this warning to 5 friends. If you do not have
5 friends, you have already been infected and WORK is controlling
your life