- Campus, an online alternative to community colleges, aims to improve bachelor's degree completion rates.
- Founded by Tade Oyerinde, it raised $23 million in funding recently.
- Offers free enrollment for students eligible for federal Pell Grants.
In contrast to 16% of students enrolled in campus community colleges in the United States who receive bachelor's degrees within six years, Campus, an online alternative to community colleges, aims to change this pattern.
At the beginning of the school, Tade Oyerinde had a vision to have great Professors with accessible and affordable admission for all the students. Just a month ago, the crowd at the company's funding event, which raised $23 million, also shared this opinion.
College has recruited adjunct instructors from Vanderbilt, Princeton, and NYU who earn more than the best in the field. The tuition for Campus is $7,200 annually.
Still, students eligible for federal Pell Grants can enroll in college for free, and around 40% of the student body will take advantage of this opportunity.
Everyone with a laptop and Wi-Fi can always consult with the tutors. They are matched with coaches who are committed to ensuring everyone accomplishes their intervention goals. As per Oyerinde's statement, enrollment is currently increasing exponentially.
Students see these campuses as a gateway to a modern and new degree program and want to be a part of something happening now.
Rented secured a $29 million Series A funding 12 months ago, with Sam Altman and Discord founder Jason Citron leading the round. The round saw participation from Solo VC's Groom, Bloomberg Beta,
Most of the Series A capital that Campus first invested was used to buy an actual campus in Sacramento. Although many students learn online far away from the college, the community college now offers in-person education for phlebotomy, medical assistance, and cosmetology.
Edited by Shruti Thapa
