This is part 2 of our great discussion with Mallory Dwinal Palisch. If you've not yet listened to part 1, please do so before listening to this second half.

In this part of the conversation about Reach University and Craft Education System we discuss student-centered technologies, professional capital, labor mobility of teachers, remote learning, teacher credentialing, data aggregation, teachers unions, teacher wages, and more. AND Mallory shows off her econ skills, talking about monopsonies and non-pecuniary incentives,

Enjoy part 2 of the episode and Thanks for Being Curious!

There is arguably nothing more important to our future economy than the quality of our education system, and there is nothing more important to that than the quality and availability of teachers. But as anyone who's followed the news in the last couple of years knows, we are currently facing something of a crisis in the availability of qualified teachers.

Here are some stats to put that crisis into perspective. According to EdWeek, there are over 3.1 million full-time equivalent teachers in public schools in the fall of 2022.

But the National Education Association estimates that there is a shortage of roughly 300,000 teachers in public schools. So 10% of needed teachers are missing. We should have 3.4 million. But in fact, the number of full-time—not full-time equivalent teachers—is less than 3.1 million. That full-time equivalent number, includes aides and part-time teachers, so in fact, the missing 300,000—maybe more like missing 20% of full-time teachers.

According to EdWeek, again, there are nearly 50 million students in public schools across the country. So using the teacher-to-student ratio of 50 million students and 3.4 million teachers, that works out to just under about 15 kids per teacher. So missing 300,000 teachers works out to about four and a half million kids without sufficient teacher-led instruction. Without a major shift in education policy, there is not much that can change on the demand side that is in the school system to attract much more supply.

But our guest today, Mallory Dwinal-Palisch, has come up with not one but two initiatives. One, to help increase the supply of trained teachers, and the other, to remove friction in the system so supply can better meet demand. She has an MBA, but also a Ph.D., and her dissertation was about labor supply and Teach for America. She's taught in the classroom and founded charter schools. She is the Chancellor of Reach University and the CEO of Craft Education Systems.

Enjoy part 1 of the episode and Thanks for Being Curious!

With interest rates rising and the economy slowing, the world of credit is getting a lot harder for both lenders and borrowers — and that’s especially painful in the mortgage market, given how high house prices are.

Matt Sanchez, Founder and CTO of CognitiveScale thinks that Artificial Intelligence can help: it can help loan officers identify potential borrowers ahead of time, and it can help borrowers get access to the right mortgage offers. Can it also help make the lending process more fair? Matt , an IBM veteran and a board member of the Responsible AI Institute, believes it can.
In this talk with hosts Michael Leifman and Marco Annunziata, Matt explains the value that CognitiveScale’s TrustStar solution brings to the table, and how. TrustStar is only one of the AI solutions developed by CognitiveScale, so you may hear more from Matt…