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50% of high school students don't go on to college. Of the 50% that do 43% don't get a degree.

The average salary when they graduate is $25,000. Their debt is higher. So I ask you,

what grade would you give a company if that was our performance?

Welcome to the Baron Streetwise Podcast. I'm Jack Howe. The voice you just heard is Dan

Rosenswag. He's the CEO of Cheg, a $12 billion company that sells online help for students.

In a moment, we'll hear from Dan and a Wall Street analyst about how the pandemic

sparked ferocious growth in ed tech or education technology and why there could be much more

growth to come even now that kids have returned to classrooms. Dan, as he just heard,

also has some strong opinions about the state of college in America.

Listening in as our audio producer, Jackson, hi, Jackson.

Hi, Jack. It's back to school time and you're a man in your mid 20s. I'm about twice at

age. Neither of us are in school, but you're a lot closer to your school years than I am.

A lot of people in my age haven't heard of Cheg, but you are no doubt familiar with them. Am I right?

You're right. Did you use it for school help?

Yeah, I did. Did you have a subscription to it or did you use someone else's password?

I use someone. Yeah, I remind you that you're under oath.

I use someone else's password. I plead guilty.

Well, we're going to talk about that in a minute.

I went to school before the internet era back at the tail end of the ditto era.

...