By Sara Jerome, Hillicon Valley
Online learning can shrink the cost of higher education by eroding the need for place-based instruction, Microsoft Chairman Bill Gates said during a presentation at the Technonomy conference in San Francisco last week. “College, except for the parties, needs to be less place-based,” he said. Moving more learning activities online can bring down the soaring cost of a college degree. “Only technology can bring [college tuition] down, not just to $20,000, but to $2,000,” he said, citing price tags as high as $50,000 for a year of college.
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