Education closes the opportunity gap for low-income students
In our knowledge-based global economy, children need an education to secure their future. And organizations like Ernst & Young need to recruit a talented workforce in every country where they do business.
Yet a quality education is out of reach of many young men and women. Consider these troubling facts:
- The education budget of a single developed country such as France, Germany, Italy or the United Kingdom generally outweighs education spending across the entire sub-Saharan African region.
- UNESCO reports that 9.5 million children in the Far East and Pacific region are not currently in school, and more than 113 million adults are illiterate.
- In the United States, where a bachelor’s degree can translate to an additional $1.1m in income over the course of a lifetime, just 6 percent of low-income students earn a BA.
As one of the world’s great global training organizations, we help our people realize their full potential. And through educational programs and outreach, we are able to help young people in the communities around us realize their full potential as well.
Below are just a few examples of ways we are helping to expand access to education.
Through our collaboration with the popular PBS series Cyberchase, we are improving math literacy in children ages 8 to11 by showing them how much fun math can be. Ernst & Young’s innovative after-school program brings the Cyberchase experience to life. The Ernst &Young/Cyberchase Travel Edition offers a set of web-based, downloadable activities that make it easy for any parent or teacher to get kids excited about math.
Teach India (India)
Teach India is a nationwide campaign that brings together underprivileged children and volunteers from organizations like Ernst & Young willing to teach them. Through our involvement, we’ve helped close to 10,000 disadvantaged students gain access to a quality elementary school education.
Partners In Learning (Australia)
This program, sponsored by the Australian Business and Community Network, links business and educational professionals at similar levels together for informal mentoring. High school principals, for example, are paired with senior Ernst & Young partners, who share with them strategies for leadership, succession planning and team support.
Take a Girl Child to Work Day (South Africa)
More than 100 Ernst & Young volunteers have helped teenage girls from disadvantaged schools envision themselves as business professionals by introducing them to an Ernst & Young office and describing the experience of working there. This is one of many corporate responsibility efforts delivered in collaboration with the South African National Business Initiative.
Junior Achievement (China)
Our offices around the world team with Junior Achievement. In China, for example, we are one of the presenting sponsors of Junior Achievement’s multi-city Volunteer Day. The university-based program enlists established business professionals, including volunteers from Ernst & Young, to help young people think strategically about their careers.
We provide support to disadvantaged Roma youth so that they can pursue a university degree. Our people mentor students, assist them in finding summer employment and help bridge that crucial period between completing high school and beginning to pursue higher education.
Please note: Ernst & Young does not accept unsolicited request for funding or volunteer engagements.