Virtual Education

Virtual Education

Mark Cuban makes some very provocative points about the future of college education.  

The educational process has not changed in 100 years at both the college and primary levels.  Primary education has the protection of a monopoly while there is some semblance of competition at the college level.  Additionally, parents and students are getting tired of paying over $50,000 per year for this product that is purchased on faith.  These two factors, competition and price pressure, will cause change to happen at the college level first.

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