Clark Aldrich in his latest Blog posting is suggesting that it may well be possible in the foreseeable future to obtain the most popular university qualification (MBA) for under $1000US.
Aldrich's argues that the proliferation on reliable online content, social networking technologies and critically, sophisticated business gaming simulations will combine to make the $1K MBA a reality, particularly for business managers in emerging economies. He argues that the depth and efficiencies (4X) of learning possible using simulations and serious games makes low-cost certification a possibility.
Could this also be the case in other disciplines?
There are serious implications here for Government Universities across the world who have targeted international students from emerging economies and now rely on this income to top up their funding.
Since 2001 Marc Prensky has been suggesting than gaming and simulation would eventually become an integral part of schooling, so are there parallels her with the $1K MBA?
School systems, like universities are expensive to run in their current format and government school funding always seems to struggle to keep up with the demand. If as Aldrich is suggesting, online content, social networking technology together with simulation and gaming will transform university education, what might what we now call schooling, actually look like?
What would the buildings look like? What would the hours of learning be? What would be the role of teachers? Would this lead to less teachers? Would subject design, development and delivery be centralised (Nationally or Internationally?). Would children in remote communities finally have a level playing field in terms of learning opportunities?
Definitely food for thought, although not palatable to all!
All images courtesy of Flickr.