The current education system was built with the economics of the 19th century but has many failings when applied for the 21st century. In this talk, we discuss the fundamental economic drivers for today's educational system as well as two very important actions required to bring it into the 21st century.  Rahul has over 25 years experience in startups, academia, and Fortune 500 companies. In academia, he has worked in areas such as STEM education, Autonomous Vehicle Technology, and SemiConductor Design. He has successfully led a number of startups (WiPower, PwrLite, Ocoos) and held senior corporate roles at Cadence and DEC (HP now). He has authored numerous technical papers, is named on over 24 issued patents, and has a Ph.D. from Harvard University (M.S./B.S. from Carnegie Mellon University). This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx