The Huffington Post has a nice slideshow for why Americans today should study Spanish specifically.
Also here is a youtube made last Spring by some teachers to assist with the same information.
We need to know where we are heading as learners and teachers so we have State Standards. Not everyone appreciates various incarnations of them, but overall they seem to be a good idea. Otherwise, we could end up like this fellow.
Here’s a quick glance of what to expect for Spanish I this Fall.