Techno-News Blog

October 24, 2016

Princeton Review Founder Raises $4 Million for High Quality Online Education

Filed under: Uncategorized — admin @ 12:20 am

by Chris Brandt, University Herald

John Katzman, founder of the Princeton Review, has raised $4 million through his new education venture, Noodle Partners Inc. The said money will be used to help colleges bring high-quality degree programs online. Katzman believes that online education can have the same quality as those that are taught in traditional classrooms. He also said that it has changed dramatically over the years, especially with the rise of new technology. The problem, however, he added is not about the medium but about the availability of high quality degrees at a lower cost. He also believe that online degree programs can reverse the trend of low enrollment due to the rising cost of college. According to the National Center for Education Statistics, education enrollment has been experiencing a sharp decline for the last five years because colleges and universities, both in the private and public sectors, are getting more and more expensive.

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