CampusGroup Inc., a for-profit community college, has secured $46 million in funding from notable Silicon Valley figures to innovate higher education. Offering online courses leading to two-year degrees and various certifications, the college targets lower tuition costs and improved completion rates. CEO Tade Oyerinde emphasizes the goal of providing quality education without student debt. The college's model allows students to transition to four-year institutions post-graduation. Investors express confidence in the transformative potential of this tech-driven educational approach amid skepticism about for-profit colleges.
The company's mission is to boost college completion rates and keep costs down. After completing a two-year program at the school, Campus students can transfer to a four-year college to earn their bachelor's degree.
Oyerinde and his investors believe that a new format and new technology will make the difference for students otherwise at risk of not completing their studies or going into debt.
Collection
[
|
...
]