Education exists in many forms to empower people with new knowledge and skills. However, the predominant form of education will be through schooling. In many countries, the burden of creating a good education lies with the government. Through education, the government hopes to create a batch of people who will be successful in their life, thus contributing to the country. Success in life includes both the quantitative (financial ability, material well-being) and qualitative (mental and spiritual well-being) aspects. However, both are very much related to the economic success of a person in today’s increasingly pragmatic society. I believe that education still remains as one of the main factors to success, although its significance has been reduced.
Today, we live in a more inter-connected world. With the creation of the Internet, information is made available and accessible to us easily. Thus, the value of information has dropped significantly. There is no longer a need for people who have the ability to store information due to the omnipresence of computers and the Internet. In addition, the focus is now more on creating a knowledge-based Economy where creativity and innovation are the keys to success. In view of this, many of the current education provided by schools will not be sufficient. For example, the education system in China and Singapore still focus very much on the transfer of knowledge through textbooks and notes. This form of education allows less room for the growth of creativity and innovation. Thus, it is unlikely for a student to climb up high on the corporate ladder in his later stages of life as he or she may only be able to regurgitate what is in the notes but not able to apply the knowledge effectively. As such, the current form of education may not be able to equipped students with the right keys to achieve economical success in life.
However, this does not deny the fact that there is still a need for education. Education builds the...