{"id":128,"date":"2016-10-25T21:11:00","date_gmt":"2016-10-25T19:11:00","guid":{"rendered":"https:\/\/fakay.com\/?p=128"},"modified":"2018-11-13T20:14:19","modified_gmt":"2018-11-13T19:14:19","slug":"making-education-more-affordable-in-poor-communities","status":"publish","type":"post","link":"https:\/\/fakay.com\/oladimeji-joseph-fakayode\/2016\/10\/25\/making-education-more-affordable-in-poor-communities\/","title":{"rendered":"Making education more affordable in &#8220;less than $30 a day&#8221; communities"},"content":{"rendered":"\n<ul class=\"wp-block-gallery columns-0 is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\"><\/ul>\n\n\n\n<p>Getting quality education is expensive.&nbsp;<\/p>\n\n\n\n<p>The cost of sending a child to a private school from grade R to grade 12 in South-Africa is roughly R3.7 million which is approximately a quarter of a million Euro. But when you compare this amount to approximately 80,000\u20ac reported to be spent on a child in Finland per year, which is mainly a public education system and consistently&nbsp;<a href=\"http:\/\/www.edudemic.com\/learning-curve-report-education\/\" rel=\"noreferrer noopener\" target=\"_blank\">one of the best education systems<\/a>&nbsp;you can get in the world, we can conclude again that getting a good education is not going to be cheap. It\u2019s a fact we need to admit so we can focus more on what\u2019s needed to make it more affordable: Exploring new business models.<\/p>\n\n\n\n<p>Today, during a group of South African entrepreneurs\u2019 visit to&nbsp;<a href=\"http:\/\/www.microsoftflux.com\/\" rel=\"noreferrer noopener\" target=\"_blank\">Microsoft flux<\/a>in Helsinki, Finland, this was further validated.<\/p>\n\n\n\n<p>So why is education expensive? It\u2019s the cost of training and hiring good teachers, building infrastructure, equipping schools with modern equipments among many other things.<\/p>\n\n\n\n<p>So how do we make education cheap with new business models?<\/p>\n\n\n\n<p>There are many we can experiment with and a brilliant idea came from one attending Finnish designer which I find fascinating.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Get local and mobile international entrepreneurs to share resources with schools.<\/strong><\/p><\/blockquote>\n\n\n\n<p>This will be the subject of my next post where we can take a closer look into how this can work in practice.<br><\/p>\n\n\n\n<p><br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Getting quality education is expensive.&nbsp; The cost of sending a child to a private school from grade R to grade 12 in South-Africa is roughly R3.7 million which is approximately a quarter of a million Euro. But when you compare this amount to approximately 80,000\u20ac reported to be spent on a child in Finland per year, which is mainly a public education system and consistently&nbsp;one&#8230; <\/p>\n<p class=\"more\"><a class=\"more-link\" href=\"https:\/\/fakay.com\/oladimeji-joseph-fakayode\/2016\/10\/25\/making-education-more-affordable-in-poor-communities\/\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":178,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[36,33,23,34,37],"class_list":["post-128","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-our-society-issues-i-care-about","tag-business-models","tag-education","tag-entrepreneurship","tag-learning","tag-startups"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Making education more affordable in &quot;less than $30 a day&quot; communities - Ideas, tools, and experiences for original thinking<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fakay.com\/oladimeji-joseph-fakayode\/2016\/10\/25\/making-education-more-affordable-in-poor-communities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Making education more affordable in &quot;less than $30 a day&quot; communities - Ideas, tools, and experiences for original thinking\" \/>\n<meta property=\"og:description\" content=\"Getting quality education is expensive.&nbsp; The cost of sending a child to a private school from grade R to grade 12 in South-Africa is roughly R3.7 million which is approximately a quarter of a million Euro. 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