The ‘Economics of Education’

There are many sources of learning content that are now free. Think of the amount of courses that available without cost (for example, MIT Open Courseware, the Open University, and Alison). The Khan Academy is another, and this is discussed in the article linked below:

Khan’s Biggest Impact: Changing the Economics of Education

Should learning be free? As learning happens all the time, some of it is. Informal learning is free, but in most cases, there is a cost to enrol in formal courses with training providers. Yet learners are getting used to getting some of the learning content for free. So what business models do you think providers need to employ to cover costs (and make a bit extra!) Let us know your thoughts.


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