Kevin Carey, author of The End of College: Creating the Future of Learning and the
University of Everywhere, imagines a world in which the rigid four-year-degree model
of post-secondary schooling and its associated student-debt burden fade into the past.
He foresees a time when higher education becomes an affordable, lifelong process of
intellectual and practical enrichment shaped by an individual’s professional and personal
Major international publications like Forbes magazine, The Washington Post and The
Economist have deemed the $4.6 trillion-to-$6 trillion global education market ripe for
technological disruption. Our analysis suggests higher education is vulnerable because
of escalating tuition costs and student debt burdens, the unjustified amount of time
required to earn a degree and a mismatch between college training and job skills
demanded by employers.
After assessing higher learning’s weaknesses, our team concluded a solution lies in an
On-Demand Education Marketplace, or what we call ODEM. The platform is a single,
accessible, and distributed network that allows students to seamlessly interact with
professors and their academic partners in-person, onsite, in both local and international
settings to raise the quality of accessible education at reasonable cost.