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Lowering The Cost Of Education


BusinessWeek:

Richard Ludlow turned down a job offer from McKinsey and deferred admission to Harvard Business School to start Academic Earth, an online hub for videos of university lectures and other educational content.

Backed by angel funding, the goal of Academic Earth, which Ludlow plans to launch in September, is to make university lectures and course material widely available online so as to lower the cost of education around the world.

University lectures will be offered for free, but Ludlow plans to monetize other content—for instance, lectures from think tanks—with advertising deals, subscriptions, and sales of such related services as tutoring.

Photo by Academic Earth.

   

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