Online education has become our new normal. Over a billion students have been impacted globally (approximately 60+% of learners). Further, eLearning adoption has grown significantly as large schools have become a hot zone for COVID-19 spread and more and more learners registering to attend brick-and-mortar college and university programs decline. Even before COVID-19, The Best Colleges “2019 Online Education Trends Report” indicates that convenience and flexibility is the biggest reason for taking courses online. Since 2000, the growth of the eLearning sector is 900%, with more than $72.41 billion being invested into this sector from 2020-2024.

Virtual learning has grown due to the shift to working remotely. Nearly half (42%) of U.S. workers now work from home with only 26% working onsite. Today’s learner needs the flexibility, ease, and convenience of accessing information, education and learning from a screen when they are on the go.

Digital Natives vs. Digital Immigrants

Wealth education virtually has been long in coming, but for many digital natives and those who are forced to learn online due to the pandemic and may feel less accustomed to this style of learning (digital immigrants), this new frontier of wealth education is:

• Convenient, flexible, secure, and relevant to today’s students
  • Adapts to all types of devices – mobile, pad, computer – making learning convenient anytime, anywhere.
  • Self-paced format allows learners to progress at their own speed and between sessions, can pick up where they left off.
  • Content applicable to learner’s own lives and situations
  • Provides anonymity and confidentiality through the secure online portal.
• A long-term value with continued benefits
  • Tamarind Learning provides a significant value over other educational programs that require in-person, classroom, or family meeting time.
  • Creates a long-term positive impact on the beneficiary’s ability to steward wealth and life-long learning proposition

Read Kirby's article, The New Frontier of Wealth Education published in the International Family Offices Journal below.