(CNBC) — The biggest sin in America is the high number of inner city and minority students who do not graduate high school, JPMorgan Chase CEO Jamie Dimon told CNBC on Wednesday.
Community schooling is a great idea, but students must end up with a certificate and a job for it to be worthwhile, he said in a "Squawk Alley" interview from the World Economic Forum in Davos, Switzerland. Community schools typically form partnerships with other area resources to emphasize real world skills and problem solving.
"It's the detail behind it that is important the government get right, not just the money—that the local community school works with the local businesses, what they need, and those kids get jobs and they get out so that's it valuable," he said.
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