Original sentence: As governments have cut back on education spending, some higher education have baised their teaching material to a specific vendor in an attempt to secure funding.Despite these observations, higher education especially in universities is still important.Employers therefore value an employees who can provide an narrow immediate skill than a broad knowledge but no specific skill.For example, this is the primary goal for Lisbon Agenda.Globalization has lead to a decreased emphasis on research as both governments and industries have pursued cost cuttting to the hilt.Higher education also help fill information gap, which is very pervasive in skilled but uneducated employees.Higher education, when well delivered is supposed to to educate the candidate how to acquire a necessary skill and why a specific way of dealing with a problem is superior to alternative.Industry changes are so fast these days that a particular know how is only relevant for a short time before it is obsoleted by the next fad.Occasionally, it is argued that higher education is no longer necessarly as it become obsolete soon after graduation.The Internet has made information so pervasive that one can understand and undertake most jobs that previously required training after a short on line search.The observation may be driven by delusion as higher education no longer garantee employment as it used to be in the past.This however reduce the durability of awarded diploma as its validity is rigidly tied to a particular vendor.This is ironic in that most government leaders are trying to move their governments to information economy.This is possible as higher education allow one to face a problem from a holistic point of view.This observation is raised of a couple of reasons;