Bill Gates Predicts 'Place-Based' Colleges Less Important in Five Years (Chron. of Higher Ed. Blog)

Place-Based Colleges Less Important in Five Years (Bill Gates/Chron. of HE)
""After all, what are we trying to do? We're trying to take education that today the tuition is, say, $50,000 a year so over four years—a $200,000 education—that is increasingly hard to get because there's less money for it because it's not there, and we're trying to provide it to every kid who wants it," Mr. Gates said. "And only technology can bring that down, not just to $20,000 but to $2,000. So yes, place-based activiy in that college thing will be five times less important than it is today."