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Funding For Educational Technology

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Running Head: FUNDING FOR TECHNOLOGY 1
Funding For Educational Technology
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Institution

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FUNDING FOR EDUCATIONAL TECHNOLOGY 2
1. Statement of the Problem
The main purpose of venturing into any investment is the expectation of a substantial
Return on Investment (ROI). In this sense, education technology is no different. Venture
capitalists and entrepreneurs will only want to invest in educational technology that promises
to deliver the highest returns in relation to alternatives. From this line of thought, private
schools have been considered more profitable investments than their dismal school district
counterparts. This line of thought has sparked an interesting debate on whether more
resources should be directed towards the private schools’ educational technology efforts.
After a2009 survey on how school districts and private schools utilize technology, “the
nation earned a B in technology use and a C+ in technology capacity for use” (Orey et al.
2013). The funding that these states dedicated towards educational technologies significantly
dropped. With a drop in the K-12 funding, the schools had to get fewer finances available for
the acquisition of educational technologies. The abolition of the Enhancement of Education
Through Technology (EETT) by the federal government also constrained the funds available
for educational technology.
The factors mentioned above alongside the low awareness of foundations on the role of
technology in education imply that the funding of educational technologies in school districts
is to suffer.
2. Identification of the Issue

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FUNDING FOR EDUCATIONAL TECHNOLOGY 3
Should funding for educational technology be directed towards private schools rather than
school districts as the former is profitable?
3. Overview/Definition
Analysis of investments in relation to the risk and perceived returns/rewards has been the
defining element of social and economic decisions. In most cases, the return of an investment
is the key to deciding the course of action the investors take. Those responsible for funding
educational technology are no different from other investors since they are equally fascinated
with the fruits their seeds will bear. This reasoning has continued to put school districts as a
disadvantage because they are not considered feasible when pitted against the private schools.
As the debate continues on the importance of giving equal attention to these distinct schools
while considering educational funding, private schools continue to win the hearts and pockets
of capitalists and ventures.
4. Assumptions
The educational technology drive is fueled by the federal and state government, charitable
organizations, and entrepreneurs. These sources of financing distribute their wealth across
public and private schools. While the government provides the financing as part of its
mandate, charitable organizations pursue it to better the education system and enhance their
philanthropy. Entrepreneurs and venture capitalists, however, are mainly interested in the
financial rewards of engaging in this educational field. This distinctive feature implies that
capitalists will only finance a profitable educational technology course.

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