Khan Academy is one of the organizations looking at making seismic changes in education. Salman Khan sees the cost of education dropping to zero.
Technology Review has a good interview with Salman Khan. Salman has just published a book titled The One World School House: Education Reimagined. As part of the Q&A with Salman Khan explains where he sees the world of education going:
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Here’s what I think it could look like in five years: the learning side will be free, but if and when you want to prove what you know, and get a credential, you would go to a proctoring center [for an exam]. And that would cost something. Let’s say it costs $100 to administer that exam. I could see charging $150 for it. And then you have a $50 margin that you can reinvest on the free-learning side.
I think that is consistent with the mission. You are taking the cost of the credential down from thousands of dollars to hundreds of dollars. And the [software] system would tell them they are ready for it. So no paying tuition for community college and then dropping out, or even finishing the whole thing and saying “Oh, I’m $20,000 in debt and what did I get out of it?”
Now you are like, “Look, there is this micro-credential in basic accounting I can get for $150, and I basically know I am going to pass before I invest that money.” That would be a huge positive for the consumers of education, and it could pay the bills on the learning side.
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It was interesting to learn Salman has made over 3000 videos which have been viewed 240 million times. Khan Academy is getting over six million unique users each month of which there are a couple hundred thousand hard core users.
If you would like to know more, go check out the interview.
Hat tip: Instapundit
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