STEM stands for Science, Technology, Engineering and Mathematics. It is a small acronym but in no way insignificant.
If we question ourselves about the importance of STEM in our daily lives and take time out to really reflect on the implications of the disciplines encompassed by those four letters, we will admit readily that the whole precept of civilization is one that is supported by STEM.
From the understanding of the solar eclipse as a celestial phenomenon and not the wrath of whimsical gods to the towering skyscrapers and the busy, life-changing labyrinth of the internet, our advancement is hinged on how we understand our surroundings, translate our visions into tangible blueprints and execute the blueprints as per best practices to produce robust structures, theories and paradigms. And these activities need to leverage STEM – heavily!
THE IMPORTANCE OF STEM TO A SUCCESSFUL LIFE:
Tackling the pragmatic first, according to a pronouncement made by the United States Department of Labor, eight out of the ten most lucrative careers and valued employees are closely related to STEM disciplines. The Department of Commerce has unearthed substantial discrepancies and inequality between the wages earned by STEM employees and those from non-STEM backgrounds. For example healthcare workers with associate degrees to doctor of medicine, earn a full 20% more over their lifetime than their peers who hail from non-healthcare niches.
Not only does a STEM centric education increase the quality of life because of better compensation, a child interested in Science and Technology is likelier to land a job straight out of college because STEM occupations grow at the rate of 17%, almost double that of non-STEM sectors.
Over 2008 to 2014, biomedical engineers earned $77,400 as median wage and this average applies to the entire nation! It is no small wonder that other jobs boasting high annual incomes also belong to the STEM paradigm.
STEM CAREERS FUEL INNOVATION AND ADVANCEMENT:
Moving away from the strictly practical considerations, STEM and its popularity is also fundamental to the growth and development of the global economy. From semi-conductors which can function at room temperature to an effective cure to the life threatening curse of cancer, without science, technology and engineering, these leaps into the next generation of advancements and monetization is not possible.
US lags far behind its Asian and European counterparts where the adoption of STEM careers is concerned. A US News Survey says that only 1 in 4 graduates in the country belong to STEM educational pursuits. Even though the demand for STEM skills is the highest, a very small percentage of students who hail from science actually choose to stick to the field and seek gainful employment in the concomitant industries and sectors.
If progress is to be made and maintained by the citizens of the country, STEM has to be encouraged in all its forms. Companies must undergo a mind-set shift and look to invest in STEM endeavours instead of ‘brain draining’ other nations to get relevant jobs done.
Keystone Threaded Products wholeheartedly supports STEM and its pursuit. As suppliers of threaded bars, nuts and other custom made high quality components, it is dedicated in its commitment to engineering efforts and the benefits to be realized from an education in science.