Learning To Save: The Future of Education Could Be One Smart Bargain

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(credit: khanacademy.org)

(credit: khanacademy.org)

Written by Brooke Wagner
“Learn almost anything for free” sounds pretty good, right? That’s the slogan in bold on the Khan Academy website.

KhanAcademy.org is packed with thousands of lessons on hundreds of subjects for all skill levels.

Need help with test prep? It’s there. Does your child need help solving multi-step algebra equations in one variable? Give him 10 minutes.

Watching Sanjay Gupta’s recent report on “60 Minutes,” I was fascinated by the possibilities Sal Khan created with his learning model.

His goal: free, quality education for anyone who wants it.

Now, with the help of a $15 million grant from the Gates Foundation, Google, and others, he’s testing software in Silicon Valley schools that flip-flops homework and schoolwork.

Students watch Khan’s short lessons at home (the videos consist simply of Khan’s voice and writing, as he breaks down seemingly complicated subjects) then do their work at school, where they can ask teachers questions. No textbooks!

Imagine the money a plan like that could save.

It all started when Khan, then a hedge fund analyst, agreed to tutor his cousin remotely.

He posted the lessons on YouTube, where they exploded. Tech mogul Bill Gates was so impressed by what his children were learning from Khan Academy, he flew former hedge fund analyst Khan up for a meeting.

Now, any child with access to the Internet can have the same tutor as Bill Gates’ kids!

Since Khan started recording his lessons a couple of years ago, he’s amassed so many subjects, you could watch a lesson a day on Khan Academy for eight years before you’d seen them all!

In fact, Four million pupils a month are learning this way. Talk about a bargain.

Watch the 60 Minutes segment here.

About The Blogger

- In her Brooke’s Bargains blog Brooke Wagner writes about finding bargains and saving money for her family. She calls it one of her favorite hobbies. Blog entries cover everything from the latest steals, deals, and freebies to cheap family activities, saving for college, and what to buy right now. Tweet Brooke your ideas at @BrookeCBS4.

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