A Silicon Valley startup called Lambda School is pioneering a new business model for learning: everything is free, everything is very high quality, and you only begin to pay a tuition bill if/when you land a job in your chosen field with a salary above $50K/yr. This emerging market doesn’t have a name yet, but let’s call it Success-Driven Learning for now.
Opportunity Statement:
Admittedly this might be impossible to apply in K-12 (?), but for motivated learners in hungry job markets (Lambda has started with Nursing) it seems like a great way to share the risk: the private learning supplier is obliged to provide truly excellent learning experiences while also actively winnowing learners who don’t perform.
Source:
The Economist – April 27, 2019