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Bring on the
 Education Revolution
           Vicki Mach
 Education & Tech Entrepreneur
http://vickimach.com I @vickimach
We’re facing an education crisis.
       Change is critical.
 Three main problems confront our
    current education system:

              COST

            CAPACITY

          APPLICABILITY
COST
Rising tuition and fees:

66% of American college students graduate in debt.

The total student debt ($1 trillion) surpasses the total
credit card debt ($693 billion).

(Source: Federal Reserve Bank of New York, Grading
Student Loans)
CAPACITY
Overcrowding and underfunding:

Due to budget shortfalls, community colleges
nationwide cannot accommodate the number of
individuals interested in matriculating. In California
alone, an estimated 200,000 students have been
turned away in 2012 thus far.

(Sources: Washington Post, Inside Higher Ed)
APPLICABILITY
There’s a discrepancy between what’s learned in the
classroom vs. what’s used in the real world:

17 million Americans with college degrees are doing
jobs that require less than the skill levels associated
with a bachelor’s degree.

(Source: The Chronicle of Higher Education)
How to address the crisis?
              We need
   education opportunities that are:

 Accessible in terms of cost and capacity,
 Adaptive for the individual, and
 Accredited in the job market.
ACCESSIBLE

Online education serves as a transformative platform
to help alleviate cost and capacity.

Extreme impact:
“I would have to teach for 250 years to reach the
same number of students that I did in one semester
with this online course.”
                     -Andrew Ng, Co-Founder, Coursera
ADAPTIVE
What’s the point of education:
 Train the way you think?
 Prepare you for the workforce?
Adaptive education enables us to learn based
on what’s unique to our skills, interests, and
qualities. This brings out the best in us and
empowers us to do our best work.
“The fact is that, given the challenges we
face, education doesn’t need to be reformed-
it needs to be transformed. The key to this
transformation is not to standardize
education, but to personalize it, to build
achievement on discovering the individual
talents of each child, to put students in an
environment where they want to learn and
where they can naturally discover their true
passions.”
                          –Sir Ken Robinson
ACCREDITED
Democratized and personalized education is not
enough– we need some form of accreditation to
signal the mastery of knowledge and skills.
This doesn’t necessarily have to be equivalent to a
traditional four-year degree, but it has to be
something that society collectively place value in
as a credible marker.
Just as a traditional college degree does not
guarantee success in the job market, what’s more
important is that we focus on developing and
displaying the knowledge and skills we can put to
actual use.
“Universities do not have a monopoly on
learning– only credentialing. There isn't a
single job that, in reality, requires a degree to
be successfully performed; all jobs simply
require knowledge and skills.”
                                    –Degreed
CONCLUSION
We’re facing an education crisis.
 COST: Rising tuition and fees.
 CAPACITY: Overcrowding and underfunding.
 APPLICABILITY: Discrepancy between what’s learned vs.
                    what’s used.

We need education opportunities that are:
 ACCESSIBLE in terms of cost & capacity,
 ADAPTIVE for the individual, and
 ACCREDITED in the job market.
Together, let’s impact education for the better.

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Bring on the Education Revolution

  • 1. Bring on the Education Revolution Vicki Mach Education & Tech Entrepreneur http://vickimach.com I @vickimach
  • 2. We’re facing an education crisis. Change is critical. Three main problems confront our current education system: COST CAPACITY APPLICABILITY
  • 3. COST Rising tuition and fees: 66% of American college students graduate in debt. The total student debt ($1 trillion) surpasses the total credit card debt ($693 billion). (Source: Federal Reserve Bank of New York, Grading Student Loans)
  • 4. CAPACITY Overcrowding and underfunding: Due to budget shortfalls, community colleges nationwide cannot accommodate the number of individuals interested in matriculating. In California alone, an estimated 200,000 students have been turned away in 2012 thus far. (Sources: Washington Post, Inside Higher Ed)
  • 5. APPLICABILITY There’s a discrepancy between what’s learned in the classroom vs. what’s used in the real world: 17 million Americans with college degrees are doing jobs that require less than the skill levels associated with a bachelor’s degree. (Source: The Chronicle of Higher Education)
  • 6. How to address the crisis? We need education opportunities that are:  Accessible in terms of cost and capacity,  Adaptive for the individual, and  Accredited in the job market.
  • 7. ACCESSIBLE Online education serves as a transformative platform to help alleviate cost and capacity. Extreme impact: “I would have to teach for 250 years to reach the same number of students that I did in one semester with this online course.” -Andrew Ng, Co-Founder, Coursera
  • 8. ADAPTIVE What’s the point of education:  Train the way you think?  Prepare you for the workforce? Adaptive education enables us to learn based on what’s unique to our skills, interests, and qualities. This brings out the best in us and empowers us to do our best work.
  • 9. “The fact is that, given the challenges we face, education doesn’t need to be reformed- it needs to be transformed. The key to this transformation is not to standardize education, but to personalize it, to build achievement on discovering the individual talents of each child, to put students in an environment where they want to learn and where they can naturally discover their true passions.” –Sir Ken Robinson
  • 10. ACCREDITED Democratized and personalized education is not enough– we need some form of accreditation to signal the mastery of knowledge and skills. This doesn’t necessarily have to be equivalent to a traditional four-year degree, but it has to be something that society collectively place value in as a credible marker. Just as a traditional college degree does not guarantee success in the job market, what’s more important is that we focus on developing and displaying the knowledge and skills we can put to actual use.
  • 11. “Universities do not have a monopoly on learning– only credentialing. There isn't a single job that, in reality, requires a degree to be successfully performed; all jobs simply require knowledge and skills.” –Degreed
  • 12. CONCLUSION We’re facing an education crisis.  COST: Rising tuition and fees.  CAPACITY: Overcrowding and underfunding.  APPLICABILITY: Discrepancy between what’s learned vs. what’s used. We need education opportunities that are:  ACCESSIBLE in terms of cost & capacity,  ADAPTIVE for the individual, and  ACCREDITED in the job market.
  • 13. Together, let’s impact education for the better.