Although it is hard to predict what the exact future of the virtual reality will be, the multi-user, object oriented environment (MOO) is something to pay attention to in particular. On the Education World blog you will get the gist of MOO and how it is applicable in your circumstances.
How does Virtalis enable users to access and experience, in real-time, an interactive and immersive VR environment created from 3D datasets? It is definitely a company to watch for working with engineering students. Maybe the next venture for them is to work with secondary school students?
Immersive Education will cover a wide range of subjects including History, Geography, Biology, Mathematics, Medicine, Astronomy and Science, while relying on Virtual Reality as a framework. The future is here as we can see!