Bangladesh Association of

Software & Information Services

An initiative backed by

KEY NOTE PRESENTATION

We’re facing a higher education bubble. Like the housing bubble, it is the

product of cheap credit coupled with popular expectations of ever-

increasing returns on investment, and as with housing prices, the cheap

credit has caused college tuitions to vastly outpace inflation and family incomes

We’re in trouble…

It is really bad….

45% of students in US colleges are not demonstrating any significant

improvement in learning during the first two years of college.

Total student-loan debt in America has passed the trillion dollar mark.

Education is no longer relevant for the labor market….

Online job opportunities is

growing at a furious rate

The time it takes to get a

job drops at a steady rate

But we have good news…

After 36 months on oDesk, contractors earn

an average of 190% more than they earned

during their first month on the platform.

Each additional year of education translates

to approximately 12% higher wages, while

each additional year of work experience is

worth approximately 2.6% more

But it requires time and training....

Online work will change the labor market forever!

Online work goes mainstream

1 of 2 businesses will hire online freelancers

10-20% of all work will be done online 2020

SO WHAT IS MISSING?

We already have available online labor markets

But what about institutions that invest in education?

We already have online educational institutions

Here is the solution…

The convergence….

E-learning

Online

Labor

markets

Micro

loans

It is already happening…

This is a huge opportunity…

And it is only getting better…

Bangladesh Association of

Software & Information Services

An initiative backed by

info@coderstrust.com

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