TAP ForumInvesting in STEM
January 15, 2014
This week, Eric Spiegel, President and CEO of Siemens USA and David D. Etzwiler, CEO of the Siemens Foundation, made the case for investing in STEM.
In their op-ed, “Invest in STEM,” published in The Hill, Mr. Speigel, who also serves as Vice Chair of Business Roundtable’s Education and Workforce Committee, and Mr. Etzwiler explain why an advanced STEM education system will help the United States get back on track in today’s global economy and ensure a brighter, more innovative tomorrow. They outline four key ways to get students to understand the value of investing their education in STEM:
“Showcase the Opportunity: … With STEM jobs growing at three times the rate of non-STEM jobs and STEM majors earning more than non-STEM majors, marketing the career and earning potential that comes with a strong STEM background is essential.
“Invest in their future and yours: … Businesses that invest in STEM education not only create a pipeline of talent to fill critical jobs, but will also address a serious social problem. …
“Support state-based ‘Common Core’ standards: Adoption of student achievement standards, known as ‘Common Core’ standards, would provide a broad but even set of goals for all students and educators while also uniformly measuring how American students stack up when compared to their international counterparts.
“Celebrate Success: … Competitions such as ours or Google’s Science Fair make STEM competitive, support outstanding achievement, and incentivize students to strive for serious prize money. The winners of these competitions can serve as role models for other students and inspire thousands of other kids to engage in research.”
TAP agrees young people must be encouraged to follow the STEM path – and as a nation, America needs to make STEM education a priority. Explore our TAP Policy Recommendations page to learn more about our goals.