What Will The Ed Tech Revolution Look Like?
During the past 40 years, accounting for inflation, we have nearly tripled the amount of money we spend per student in public K-12 education. It was roughly $4,000 in 1971, and last year amounted to $11,000 per student. Over that same period time, our students’ math and verbal test scores have remained unchanged. I am no Warren Buffett, but I can comfortably say to you that that is a lousy return on investment. In an increasingly competitive world, it is clear that our education system--as currently designed--isn’t sustainable. Simply throwing more money at a system that produces the same results is, well, not smart. In a perverse way, I believe federal and state budget cuts will help focus us on doing things differently and more efficiently. Similar to the consumer tech revolution, this ed tech revolution will take some time and happen unevenly in waves. First Wave (0 to 5 years from now): A Change in Perception Second Wave (5 to 10 years from now): A Change in Purchasing an Empowerment