Online Learning Update

April 9, 2012

Venture-Backed Enterprise Seeks to Satisfy Global Demand for an Elite Education through Online Learning

Filed under: Online Learning News — Ray Schroeder @ 12:01 am

By Nick DeSantis, Chronicle of Higher Ed

Elite American universities maintain their prestige by turning away a huge percentage of applicants every year. And the education entrepreneur Ben Nelson sees an opportunity in this demand for top-flight education: He wants to reach talented students across the world and to build a new university that could remake the image of Ivy League education. Mr. Nelson, founder of a start-up called the Minerva Project, believes the minuscule acceptance rates at prestigious institutions leave some college-bound students without a place where they can pursue a blue-ribbon degree. So his for-profit enterprise seeks to satisfy that demand by offering a rigorous online education to the brightest students around the world who slip through the cracks of highly selective admissions cycles.

http://chronicle.com/blogs/wiredcampus/new-for-profit-seeks-to-satisfy-global-demand-for-elite-education/35938

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