One of the myriad initiatives crammed into President Biden's blockbuster Build Back Better Act is $3 billion in funding for Science, Technology, Engineering, and Math (STEM) programs at higher education institutions, with a particular focus on historically black colleges and universities. MIT and John Hopkins are a couple of the many other institutions that would benefit.
But this spending focus on STEM education will likely be squandered. Contrary to conventional wisdom, STEM degrees are not the automatic tickets to prosperity many assume them to be.
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