Jamie Dimon says American schools should teach nutrition and financial literacy | Business Insider
Jamie Dimon, the CEO of JPMorgan Chase, has a vision for education that’s more about real-world skills and less about crunching numbers. Speaking at The Atlantic Festival 2024, Dimon voiced his concerns about how schools—exceptionally high schools and community colleges—prepare students for adulthood. While he acknowledges that stocking shelves is honest work, he believes young people should be given the tools to land higher-paying jobs, like coding or finance positions, right out of school. In his view, education should empower students with practical skills for financial stability.
Dimon’s call to action is pretty clear: we need to rethink the purpose of education. Right now, the system often focuses on whether students can pass math tests in middle school, but he believes the end goal should be much broader. By the time students graduate, they should know how to navigate life—whether that means understanding how to save money or having a job that offers financial security. Dimon suggests that schools could offer more classes on financial literacy and overall wellness to set students up for success.
As a father of three daughters, Dimon’s insights are personal. He’s part of the New York Jobs CEO Council, which tackles issues of income inequality by helping to close opportunity gaps. His perspective isn’t just about pointing fingers—he’s all about solutions. He argues that if the education system fails to prepare students for the workforce, businesses can do the heavy lifting by providing the necessary training.
Earlier this year, Dimon expressed similar thoughts, emphasizing that businesses are forced to take on more employee training responsibility because schools aren’t doing enough. He’s a big advocate for certifications and specialized training programs that direct students to a good job. Dimon isn’t asking for education to abandon academic rigor, but he wants schools to balance it with practical life skills that can make a real difference in a young person’s future……….
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Rising Dough
If education focuses more on life skills like financial literacy, certifications, and real-world job training, how might this change the relationship between businesses, investors, and the future workforce? Would companies still invest as heavily in internal training programs, or could we see a shift in how investors evaluate a company’s talent pipeline?
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