The Classroom as a Cash Cow

On the one hand, it frightens me to think that an ideology-driven company like News Corp thinks it can generate 10 percent of it's future revenue from education. On the other hand, it seems highly unlikely they'll succeed in this objective. The future of education will come form the bottom up, where innovators create new technologies to solve problems, not prop up their struggling print divisions.

The reality is education will be solved by entrepreneurs and forward-thinking educators. If you attack the problem with a pure profit motive, you aren't solving the core problems. Education is a sector rife with inefficiencies and ineffectiveness, but it's not cash cow, at least it won't be in the very near future. Budgets are getting slash and the cost of traditional education is becoming misaligned with value.

There's plenty of opportunities in education, but it's hard to believe an aging $55 billion company is going generate 10 percent of their revenues from a sector in budgetary decline.