From Chicago Boyz:
I think this is the coolest thing I’ve seen to hit the slow as morass world of education. Jonathan coined the phrase in response: “education arbitrage.” What a fantastic idea.
I agree - unlimited tutoring hours from an experienced Indian teacher for $100/month. Another example of globalization making life better for the not-rich. I can’t wait to see the teachers’ unions position on this one. Definitely read the whole thing.
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