By S Adeeb Mujtaba Ali EdTech's financial impact Inherently inefficient are traditional education systems. Globally, the education and training industries spend more than $4 trillion, an increase of 84% since 2000. Despite this, reading and math results in the United States have remained constant, despite the fact that it is estimated that 85 percent of every dollar spent on education is spent on its delivery — for example, the price of bricks and mortar and teaching staff. As a result, the link between rising educational spending and improved educational outcomes is shaky, and EdTech has a clear opportunity to lower the cost of traditional education delivery. This is especially true for e-learning methods, which are credited with allowing one-to-many delivery at a lower cost. Cost savings, on the other hand, aren't limited to the world of e-learning. Reliable broadband services, as well as the adoption of other technologies like the Cloud, have made policies like Bring Your Ow...
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