Online education has exploded in recent years, and with a broadband connection and a few hours a day, one can learn highly marketable skills in technology, design, and entrepreneurship.
What would it take to create wildly profitable, culturally effective online education system? How could the system reflect the marketplace demands of an era of technology, and provide tangible resources for students to find and create opportunity? What would that look like?
When the University of Phoenix offered its first online course in 1989, the internet was in its infancy, and for-profit online education was a revolutionary idea. Today Apollo Group, which owns University of Phoenix (UOPX), is No. 452 on the Fortune 500. Meanwhile, the internet is now ubiquitous, and next-generation educational platforms are starting to take hold across the country. The value proposition is based less on government subsidy and privileged access, and more on modern vocational training, affordability, and access as universal as broadband and mobile phones.
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Source: Kanyi Maqubela | The Atlantic