STEM is an acronym for Science, Technology, Engineering and Mathematics. STEM has become a very popular buzzword in both academic and industry circles because of the growing need for trained and educated professionals in STEM related industries. STEM workforce drives our nation’s innovation and competitiveness by generating new ideas, companies and industries, and plays a key role in the sustained growth and stability of the U.S. economy. The Obama administration has put a high importance on the development of STEM education in the U.S.
“Leadership tomorrow depends on how we educate our students today, especially in those fields that hold the promise of producing future innovations and innovators. And that’s why education in (STEM) is so important.”
– President Barack Obama (on www.changetheequation.org)
According to the Economic and Statistics Administration of the U.S. Department of Commerce, over the past 10 years growth in STEM jobs was three times as fast as growth in non-STEM jobs. This growth rate is projected to continue well into the next decade. By the end of this decade, it is estimated there will be well over 1 million unfilled STEM jobs in the U.S. Academic institutions are not producing enough STEM graduates to meet this growing demand partially due to low awareness by students of the opportunities, exciting possibilities and fun career choices in STEM
STEM careers result in highly rewarding work experiences. Making potable water and enough food accessible to the large percentage of the world’s population that are in need, developing and retrofitting the roads, bridges and rail infrastructure in the U.S., and development of alternative sources of energy are just a few of the many exciting and interesting STEM careers.
STEM workers earn on average 26% more than their non-STEM counterparts.
STEM graduates have a more robust selection of job opportunities available to them, and have job security due to the current shortfall of supply to demand
“STEM’s Cool”!!! Working in these technological fields is the place to be today, and it’s cool to be involved with STEM-related activities. STEM was once considered uncool and nerdy, however it is just the opposite – exciting, cutting-edge, adventurous, fascinating and interesting.
What Can I Do with a STEM Education?
A STEM education has limitless possibilities. Some highlights: