The transformation of education through the use of technology is beginning to intersect with real companies and big money. The high cost of education and the options for sharing online services is an opportunity that is beginning to take shape. The integration of research databases, online faculty and facilitated courses is part of this big change.
In “Online Startup Plans To Create ‘Ivy Caliber’ Education For Half The Price,” we start to understand that there’s a massive problem in higher education. The number of people qualified to attend the world’s best universities who don’t get the chance to do so is growing. At the same time, the cost of attending college has risen to the point where people question its value, and student debt is skyrocketing.
According to Ben Nelson CEO of Minerva Project, “as we redefine every aspect of the traditional tier 1 research university, we are also re-envisioning the university business model to create a new way of operating that is more effective and efficient.” We see the library playing a strong role in breaking down the barriers of learning, supporting the creation of higher learning. The library is a place – physical and virtual – it will support higher learning – its time to build more libraries to support online learning.