We have medical and information technology, low-cost agriculture, advanced educational methods, and a track record of growth that can help them achieve their version of this dream.

FORBES: In China and India, Turbulence and Volatility Are Part Of The Bargain

Disruptive innovation was unleashed with the ecosystem of the Silicon Valley behind it to deliver educational content in a high scale, low cost model while providing a deeply interactive experience to learners akin to one-on-one tutoring.

FORBES: Education Finally Ripe For Radical Innovation By Social Entrepreneurs

Other 2011 Grand Challenge Scholars from Duke University and Olin College pursued projects to restore urban infrastructure, improve technology for wind and solar energy, create educational software for middle school students, and develop low-cost cancer diagnostics for developing countries.

WHITEHOUSE: America��s Students Step Up to the Challenge

This paradigm, which combines meaningful work that can be graded at scale with peer-teaching among students, allows us to offer some of our best educational content to students around the world, at a negligible marginal cost of pennies per student.

CNN: Top college courses, for free?

Both during and after this restructuring in U.S. higher education, universities, governments, and companies in emerging economies will be able to tap low cost, high-quality online education to leapfrog the slow and painstaking process of developing educational capacity to meet critical national needs.

FORBES: The Real Winners of the Coming Revolution in Higher Education