Education is just like any other business in that they’re always following trends. Unfortunately for education, it isn’t like other businesses. Trying to be trendy usually just exposes those in charge as not thinking through things, if thinking at all.
↓ Transcript
CZAR: Apple is offering subscriptions through iTunes. We should try that with our students.
HOBO: We already charge tuition. That's sort of like a subscription to education.
CZAR: Wrong. That's more an installment plan. Layaway for the brain, if you will. I'm thinking licensing fees for the information they learn.
CZAR: That way they have to pay as long as they know something.
HOBO: This doesn't seem like s sustainable economic model for us.
HOBO: We already charge tuition. That's sort of like a subscription to education.
CZAR: Wrong. That's more an installment plan. Layaway for the brain, if you will. I'm thinking licensing fees for the information they learn.
CZAR: That way they have to pay as long as they know something.
HOBO: This doesn't seem like s sustainable economic model for us.
