For years, “invest in education” has been a mantra consistently repeated to students and parents worldwide. It is now a phrase that VCs and entrepreneurs know, as technological solutions to some of education’s greatest challenges are gaining attention.
As anyone in higher education is aware, the industry faces some intimidating issues, including affordability, accessibility, quality, and the momentum necessary to create system-wide change.
Some of the field’s best minds are already hard at work to address tuition and access — and entrepreneurs and investors are also seeing the opportunity to replace traditional media with new technology that better serves today’s students.
Ultimately, the investments being made in educational technology will lead to huge benefits down the road for students, their families and the economy.