The Consensus Widens on Customized Education

A fantastic post about disrupting education..

This passage was of particular interest:

American companies that own a popular online market for customized education can expect to increase profits dramatically by:

1. introducing a loan program for consumers of customized education

2. making the popularity of the company’s market and loan program mutually reinforcing, so a borrower who performs well as a student is rewarded with a lower interest rate

3. taking advantage of new government regulations to become a bank, as a means of increasing the amount of money the company can lend

4. introducing other loan programs and financial services that complement the market