Efforts to increase educational offerings and create more jobs in science-related fields such as engineering may prove beneficial to students and working adults who choose to pursue college degrees at brick-and-mortar or online universities.
Due to shortages of professionals in the science, technology, engineering and mathematics (STEM) fields, President Obama recently revealed a plan to increase education in these subjects, PC Magazine reports.
Through $260 million in funding that will be provided by private industry, the government hopes to increase STEM literacy and critical thinking, improve the quality of math and science education as well as expand learning and career opportunities in these industries.
Expansions in this sector are already occurring in several institutions of higher learning, such as the University of Illinois. The school’s Department of Finance in its College of Business as well as the Department of Industrial and Enterprise Systems Engineering in its College of Engineer have announced they will begin offering a new master’s degree program in financial engineering in the fall semester of next year, the Daily Illini reports. » Read more: Online Education Helps Students – Parents Pursue Careers in Engineering