GigaOM recently wrote an article examining investments in K-12 education innovation. As the title states it is, “soaring, but it’s not all rosy.”
Investments in K-12 innovation are starting to surpass higher education investments. Funding tripled from 2010 to 2011, reaching $389 million. GigaOM reported that higher education funding was at $271 million in 2011.
Despite this growth, district budget constraints can stall innovation. GigaOM also reported that, “some educational leaders continue to be outspoken in criticizing the motivations of for-profit education ventures.”
What do you think? Can K-12 innovations be both profitable and benefit students?