Sunday, June 24, 2012

A College Education on the Cheap? Tech Start-Ups Take on Higher Ed - Marc Abrams, CNBC

“The 99 percent should be protesting college campuses,” says Sebastian Thrun, a Stanford University artificial intelligence professor, who recently co-founded Udacity, a technology start-up dedicated to providing higher education at a very low cost. With the average cost to attend a private university on the rise, more and more people, who have the intellectual capacity to excel at that level, are unable to afford it. Thrun is helping to lead a new surge of Silicon Valley start-ups with the quest to “democratize education” or make advanced education available to all people. Thrun says, “Less than one percent of U.S. college students attend Ivy League schools and these students don’t necessarily reflect the world’s brightest and most capable thought leaders, but rather the people who’ve been afforded the most opportunities to succeed.”

http://www.cnbc.com/id/47787115