- Mary Meeker, a prominent venture capitalist and analyst known for her insights on Internet trends, released new series of slides this week, highlighting areas that are ripe for innovation, including education.
- On slide 78 in the presentation, Meeker points out that education represents $1.1 trillion in annual spending in the U.S. with more than $460 billion of which goes to post-secondary costs.
- Most importantly, she says those college costs are more than double what they were 30 years ago, which, together with $25,000 per graduating student in outstanding loans (up eight times what it was 10 years ago), means the space is ready for disruption.
From the article:
"... Meeker’s update comes after her report initially released in May.
The new sections focus on the impact of the ever-connected 20-something, the growth of big data, and “areas to re-imagine,” including e-commerce, education, and healthcare. ..."