World's Leading Learning Company Investing in Private Education ...

Recently, Pearson issued a large investment on low-cost private schools. As the world?s leading learning company and global publisher, Pearson set out a $15 million fund to Asia and Africa. The investment will be providing funds for private education for students in poor families. It will also provide support services and teacher training. The large fund will be given to both current and new schools.

Sir Michael Barber, chair of for-profit Affordable Learning Fund, says that high quality education can be provided at a low cost. Even for private schools. He suggested that cost would be three to five dollars a month per student. The funds will aid schools and families in getting a better form of education. Even better than what is provided in government schools.

For some families, this will be a new door to a new form of education. While for others it is the same form of education but at a lower cost. Some countries not only have preexisting private schools, but they also prefer it over public schools. In countries such as Pakistan, more than 70% of students already attend private schools. Most of these students and their families find government schools to be unreliable. They would rather pay for better education even with financial difficulties. This investment by Pearson will lower the cost of private education for these families. Along with it, it will enable more families to also seek private education.

?Low-cost private schools are cheaper than government schools but often get significantly better results ? sometimes twice as good,? said Barber.

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Source: http://www.openequalfree.org/worlds-leading-learning-company-investing-in-private-education-in-developing-countries/14784

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