(Guest Post by Matthew Ladner)
Dillon and Tucker weigh in on virtual learning at Education Next. The Ed Sector duo make a number of good points drawing from the experience of the charter school movement.
I am especially struck by the problem they point to in determining appropriate funding levels for virtual schools. An education savings account funding method for virtual schooling would create a market mechanism for determining cost per course, driving productivity gains. If given the wrong set of incentives, providers will have their profits determined by the success and failure of their lobbying efforts rather than by parental demand.
Of course, high-quality and free online learning tools have appeared on the scene. Public funding schemes could limit development if compensation systems are not carefully considered.