US schools will have to compete with China for American teachers.

[theeedude]

https://www.bloomberg.com/news/articles/2016-12-19/if-the-u-s-won-t-pay-its-teachers-china-will

Called VIPKid, the company matches Chinese students aged five to 12 with predominantly North American instructors to study English, math, science and other subjects. Classes take place online, typically for two or three 25-minute sessions each week.

Mi is capitalizing on an alluring arbitrage opportunity. In China, there are hundreds of millions of kids whose parents are willing to pay up if they can get high-quality education. In the U.S. and Canada, teachers are often underpaid—and many have quit the profession because they couldn't make a decent living. Growth has been explosive. The three-year-old company started this year with 200 teachers and has grown to 5,000, now working with 50,000 children. Next year, Mi anticipates she'll expand to 25,000 teachers and 200,000 children.

What a wonderful business idea, and could be really liberating for American teachers, and also great for Chinese students.

 

[First]

Very interesting, wonder how successful it'll end up being.

 

[MrSquished]

Interesting.

I predict right wingers railing against teachers and their being overpaid and now helping the Chinese.