About a decade ago, China started doing a bunch of research and analysis around its (booming and hyper-competitive) after-school private tutoring industry. After several years of researchers and policymakers dissecting its impact on education, culture, families, students, society https://t.co/63BtVXltPZ
About a decade ago, China started doing a bunch of research and analysis around its (booming and hyper-competitive) after-school private tutoring industry. After several years of researchers and policymakers dissecting its impact on education, culture, families, students, society https://t.co/63BtVXltPZ
-Chinese tutoring companies are among the largest, as 43% of urban Chinese household income goes toward supplemental education. In the U.S., it’s closer to 2%.
Rex Woodbury • 5 Lessons from China's Internet Companies
-Despite China’s crackdown—another proofpoint of how challenging it’s become to do business in the country—the West can learn from Chinese tutoring marketplaces. Edtech in the U.S. and Europe remains solitary—some form of Zoom school and individual assignments. It’s telling that America’s most valuable education startups are MOOCs (massive open onl... See more
Rex Woodbury • 5 Lessons from China's Internet Companies
I'm still puzzled by how China can have both a demographic collapse and massive youth unemployment. You'd think with fewer young people being born, the ones who are around would be in high demand. One explanation I heard while there is that there are plenty of menial jobs available, but today's educated youth - who've gone through high school and c... See more
Dwarkesh Patel • Notes on China
Tutoring marketplaces are largest in Asia, where families spend significantly more on supplemental education than their American counterparts. Urban Chinese spend 43% of household income, while Americans spend 2%.