No pharmaceuticals/drugs trade involvement, legal or illegal, black market or open, by white people or colored. No acts of corruption / blackmail(money or sex bribery), deception, terror, poison, steal, rape, kidnap, infringe(privacy, patent) and piracy.
Dealink patent's education application can fully use high-quality rare education teaching and learning resources and bring high-cost class/lecture to a vast audience to an affordable level.
According to Wikipedia: The United States has a total of 4,495 Title IV-eligible, degree-granting institutions: 2,774 4-year institutions and 1,721 2-year institutions. As of 2010, the US had 20.3 million students in higher education, roughly 5.7% of the total population. About 14.6 million of these students were enrolled full-time. For K-12 education, the compulsory schooling for all children is about 85% public tax funded for children from kindergarten to grade 12, or K–12 (short for K through twelve). With independent jurisdiction, officials and budgets, more than 14,000 school districts are in the US, spending $500 billions/year on public primary and secondary education. In 2010, there were 3,823,142 teachers in public, charter, private, and Catholic elementary and secondary schools. They taught a total of 55,203,000 students, who attended one of 132,656 schools.
The Attractive Market
More often than not, quality teachers’ classes are always a high cost. Current US high education per credit cost goes easily from hundred dollars to thousand above. That is way higher than the similar classes in countries like Brazil, India, China, etc.. Even within the US, difference exist comparing higher ranked universities/schools to regular ones. Poor students who attend these high-cost US schools often obtain financial aids through loans (majority) and free grants, often take years to pay back, some after 20 years graduation, still paying. Yet, due to the quality, market-oriented, open and advanced US high education, students of the world about 1 million come to study in the US. Use China as example, for $25,400/year as the average student total cost to study in US, still have about 5.7% of US population to enroll, about 5 times China’s enrollment rate, while cost of study is 10 times China’s, meaning people there are willing to pay 10 times more to come to the US to study. Currently, there are 365,000 Chinese students study in US high education institutes and 35,000 of them studies in K-12 schools, grown 16 times since last 25 years and growing, which is the top numbered foreign student body in the US. The similarity is seen for other countries’student growth in the US. No doubt a Chinese age 18-44 young adult(A-24) is willing to come to the US to attend a college or university to study if it is affordable to him/her. But the reality is most of them will not be able to do it, only people who can afford the average $25,400/year can come(I used the average US student cost of schooling, in fact, most schools charge 2-3 times more for overseas students). The same situation apply to other countries. If average study cost in the US is $17,000/year ($2,5400 minus living cost), it is $17 billion just from these overseas students. With US 20 million students of $340 billion, a total $357 billion a year high education attractive market.
World wide speaking, English as 1st and 2nd language population are about 2 billion, if analog China's high education student enrollment number, which is 1.2% of the population are in paid high education study, will be 24 millions students in those English environment regions. Including top 3 most populated language speakers, Chinese, Spanish and French as 1st and 2nd language of about 2 billions, a total of 48 million paid students are enrolled in high education study in those top 3 language covered regions, that not include people who want to attend the university/college but can’t afford the cost, and other language speaking population of 3 billion. If set ideal high education enrollment population to 18% ( A-24/A-40 adults or 18-44/18-60 years old) of total population given the condition that it is high quality and affordable, that will be 720 million students for top 4 language regions, that is 36 times US high education enrolled student number and 16 times of the top 3 language regions' high education enrolled student body beside the US. Not include K-12 yet.
Still use China’s example for K-12, the equivalent of K-12 students there are 223 million, about 17% of the population, same 17% as US K-12 in term of enrollment rate. But China is about 4.1 times of US’ student numbers and mostly public tax funded. US average spending per student is about $11,000/year, while China is about $1,300/year, US : China is 8.5 : 1. The rest of the world should follow the same pattern.
The Public/Private Drive
Countries like China, Brazil, Mexico with low tertiary education attainment rate of 10%, 14%, 19%, etc., definitely want to catch up with advanced countries’like the US 40%, Chinese Americans 52%, Canada 54%, Asian Americans 60%, Taiwanese Americans 74%, etc. Not only for attainment, but for better pay, since research showed people with tertiary above education will have 3 times more opportunity for better- paid job than people who don’t. Also for economy growth. By NeoClassical Growth Theory, national average education level increase 1 year, will result in GDP per capita growth by 3%-6% and GDP growth by 1%. A-24/A-40 adults and K-12 students there are definitely willing to pay if there is an affordable way to access the US type advanced high-quality education. There is total $1 trillion debt from US public/private(50/50) student loans now. US News report: public colleges/universities account for 73% of total schools (for K-12, account for 85%) and private colleges/universities account for 16% (for K-12 account for 10%); from 1999 to 2009, undergraduates enrollment at for-profit schools soared 539% compared only 32% for public institutions. CAPE report: 2006, public K-12 graduates’ 4-year colleges enrollment rates was 41%, while private K-12 graduates’ enrollment rates for 4-year colleges was 73%. Governments and private enterprises both have high interest, pressure and incentive in supporting and involving in this endeavor, to raise the tertiary attainment level of citizens and earn more revenue using the Dealpack Trading patent. Students in the US, especially those about 40% enrolled 6 million loan carrying students with pay-back burden and those about 1 million overseas students who paid 10 times or higher price to come to the US for schooling, such as those from China, India, Korea, Mexico, etc. are definitely like to participate the Dealpack Trading
The Dealpack Trading Advantage
Just like the pay-TV subscription networks, pay education subscription service (PESS), such as University and school usually set up a computer account for each student who paid tuition for it, as if a paid subscription. A student attending each class by accessing his/her student account for class lecturing materials, assignment, homework, test/quiz, Q&A and communicating with teachers. Online class-ware can be integrated with this student account for real-time or on-demand attendance by the student credential. Using the patented Dealpak Trading module that integrates with online class-ware, the student can trade their paid class, lecture, textbook, etc., when he/she is not in use or has used, by sending them to a trading portal for for-profit or non-for-profit purpose trading. Certainly, the university/school/teacher/textbook author will have the final say on which class/lecture/textbook can be allowed to do the trade, since if extra money is earned, the PESS/teacher/textbook author will first entitle a cut from it and the accumulated earning is possible double or triple the current earning. Student certainly also entitle a cut and the accumulated earning is possible exceeding the tuition paid.
This will allow the vast access in a group or individual from other subscription groups, the PESS and online class distributor (OCD) to participate the trading at a market price, and the Dealpack can be sold with multidimensional multiplication effect. Top-rated premier class and related materials can be even translated and professionally dubbed in popular languages to make the broadest reach.
Dealpack Trading can be configured as single class based, or class pool of subscription based. Following is a single class example, as well as country cases of Chile, India, Mexico, Brazil and China, etc.:
With close relation set up for a local study group, Q&A wiki, and organized in a credit-authorized fashion by major PESS with tightly controlled monitor and administration, even degree/certificate can be issued to local group students. >
Financial forecast and trial venture can be arranged via public/private funding.
Interested party for our education venture, for-profit or non-for-profit, contact us by email for business, such as a grant, investment or patent licensing. We offer "most favored nation" deal to non-profit educational organizations/institutions at the cost -- non-for-profit patent licensing. Those in the past who has once worked with me as a business client or partner or colleagues, agree our term and want to commit totally to this venture, I will treat with favor for a deal if contact me.
|Entry barrier to open a new sales channel (OCD) which require content licensing||Low (paid)||High|
|Massively expand subscribers base locally and internationally||Yes||Slower|
|Make subscribers sticky to you since they can earn money during subscription||Yes||No|
|Turn every subscriber into your salesman, increase sales of your subscription||Yes||No|
|Fully use your subscription 24 hours a day||Yes||No|
|No effort no risk extra money made automatically since subscribers already paid you||Yes||No|
|After discount price advantage||Yes||No|
|Social sale involvement and market force influence||Strong||Normal|
|Perception and Acceptance by (foreign) consumers/businesses/governments||Better||Worse|
|Content providers' motivation due to scale & right (internet/mobile right)||High||Low|
|Selling through marketplace, reaching market efficiency and fairness||Yes||No|