Educational Technology

October 17, 2012

Why College May Be Totally Free Within 10 Years

Filed under: Educational Technology — admin @ 12:36 am


Higher education is in transition and with a coming proliferation in online courses could be totally free for many within a decade. The status quo won’t yield easily. But this is looking like a real answer to runaway student debt. As few as 10 years from now, quality higher education will be largely free—unless, of course, nothing much has changed. It all depends on whom you believe. But one thing is clear: The debate about financing education grows louder by the day. Experts with a wide range of views on the subject, including the always-interesting Harvard professor and former Treasury Secretary Lawrence Summers, weighed in last weekend at the Nantucket Project, a big-think conference in the spirit of TED and Aspen Ideas Festival. The most provocative, though, were hedge fund billionaire Peter Thiel and the author and entrepreneur Vivek Wadhwa.

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