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Outsourcing Reaches the Education SectorEducation may be the next market to feel the effects of outsourcing, according to a recent BBC News report. Several companies in India have begun to take advantage of the growing global appetite for cheap, one-on-one instruction by offering help with school work, exams, and projects for a flat monthly fee that generally falls far below rates charged in the U.S. "One of the reasons we started this business is because there is virtually a crisis in the U.S. and U.K. when it comes to education," Krishnan Ganesh, founder and CEO of Tutorvista.com, told the BBC. "Grants and budgets are being cut. The current system can't cater to individual needs." While there are many federal programs in the U.S. that offer free tutoring services to underprivileged students, these are often overcrowded and difficult to get into. The alternative is enrolling in a private service, but most of these tend to be more expensive, charging hourly rates or increasing fees based on the number of subjects for which you enroll. For example, Washington, D.C.-based SMARTHINKING.COM charges $35 per hour, as does Tutor.com, a ten-year-old company based out of New York. India's Tutorvista.com charges a flat fee of $100 per month with unlimited, 24/7 access to one-on-one help. Chicago-based E-tutor.com offers similar monthly packages, but charges more than twice as much per month. Ganesh estimates the online tutoring market could be worth as much as $12 billion. Questions, ideas, or in need of more information? Please contact Stacey Pusey at 302-295-8349. |
"India
woos West with education"
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