Coding Bootcamps: a Glimpse at the Future of Education?
Will our children all learn online?
Education is big business.
It is projected that over 20 million students will be enrolled in degree-granting institutions in the US in fall 2020. That’s 20 million people willing to invest multiple years of their lives and to incur an average of nearly $30,000 of debt in order to earn a degree, typically to maximize their chances of starting a career in the discipline of their choice. This brings high pressure for the hope of a stable future.
The barrier to entry for our top institutions isn’t just financial. Getting a place is hard work. It is a journey that begins in the early years of a child’s life, requiring persistent effort from them, their teachers and their families. Throughout the high school years they must sustain a high GPA, discover their interests, and apply for the best colleges. Securing a place at a prestigious university is a big deal. The recent US college admissions scandal revealed that the family of a Chinese student paid $6.5 million to help her secure her place at Stanford University.
But let’s step back a second. Why is a place at a prestigious institution worth risking prosecution for a bribe of millions of dollars? Derek Thompson writes for The Atlantic that “Ivy League and equivalent…