by Lena Kim, Digital Trends
With demand for higher education greater than it’s ever been, could a new business model be a solution to a growing problem? One Silicon Valley CEO thinks so, and hopes to prove it with the Minerva Project. Ben Nelson, former CEO of Snapfish and former chairman of RedBeacon, is looking to shift the paradigm of elite higher education with his latest endeavor, the Minerva Project. An online university seeking to rival Harvard, Yale and other universities of their ilk, the Minerva Project has already attracted a significant amount of interest – and scrutiny – for its novel approach to the business of learning. In an interview with PandoDaily today, Nelson says that the idea was inspired in part by his time at the Wharton School and in part by a growing worldwide demand for access to quality higher education. “Universities have frozen their class sizes,” said Nelson, “and there is a market that is begging for a service that is in increasingly short supply.”
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