Investors love online education. If only employers did too.
“Four hundred million dollars. That’s how much was invested in education technology companies last year, according to Kevin Carey’s excellent new piece in the Washington Monthly. Higher education is one of the hottest growing sectors in Silicon Valley, and with good reason. The college premium is enormous. College-educated men have seen their wages increase since the 1960s even as wages for men with some to no college education have dropped. College grads face much lower unemployment rates than other educational groups. The gains among advanced degree holders are even larger. So, unsurprisingly, demand for higher education is increasing.”