Non-Profit Innovation: How Minerva Plans To Make Its Affordable, Next-Gen University A Reality

The Minerva Project burst onto the scene last year with an ambitious goal: To create the next elite American university, online, and, in so doing, help rethink the role of higher education in the Digital Era. Not only that, but the startup wants to establish rigorous, Ivy League-caliber standards, admitting only the best and the brightest, with a faculty to match, while offering tuition that's "substantially less than half" the price of today's elite universities, according to founder Ben Nelson. Given the current landscape, in which states are under pressure to cut spending, tuition costs and student debt are skyrocketing, class sizes are increasing, infrastructure is archaic and outcomes are suffering, it couldn't come at a better time, yes, but it's also an extremely tall order. Furthermore, while the company is full of exciting plans for what it wants to accomplish by the time classes begin in 2015, it hasn't offered much in the way of how it plans to make them a reality. In fact, for all intents and purposes, Minerva has remained largely silent since its debut in April of last year.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/jL8JALeTODg/

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