College for all

André Dua, P2P Foundation, Jun 01, 2013
Commentary by Stephen Downes

Writing for McKinsey, André Dua argues that it's "important that education not be seen as a free good, because it will always take big investments to attract and retain the talent needed to develop world-class courses and materials." This made me think. What if he's right? He probably is, indeed, he's probably more right than he thinks. Building an educational infrastructure is a huge expense, even if we significantly reduce the cost using such means as online learning. Industry is very reluctant to invest in education, because the returns are far from guaranteed. Most people cannot afford the actual cost of their education. So as I comment here (and post here) the bulk of investment in education will continue to be supported by government, and the question here is - given that they merely increase costs and reduce access - what is the argument for corporate investment in education at all? Via Sui Fai John Mak.

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