In the last year or so, we’ve seen all kinds of online learning startups emerge, from those that focus on a specific set of skills to those that offer massive web classes for free to those that partner with top universities to provide quality degree programs online.
On Thursday, Washington, D.C.-based Quad Learning launched with $11 million to bring yet another model into the mix. Founded by Phil Bronner, an education technology investor, and Chris Romer, a former state senator of Colorado, the startup partners with community colleges to offer a web-based platform and curriculum intended to help students more successfully transfer to a four-year college.
With tuition rates and debt loads going up, the idea is that a student could complete two years at a community college and then, with Quad Learning’s “American Honors” program, transfer to a top-200 university to finish the last two years of a bachelor’s degree program.
“The whole focus is around college affordability,” said Bronner. “We see it as the most cost-effective way to receive a bachelor’s degree.”
The startup, which raised funding from New Atlantic Ventures, Swan and Legend Fund, NEA, Comcast Ventures and other institutional investors, says its program can provide the opportunity to earn a bachelor’s degree at 35 to 40 percent of the cost of a traditional four-year program.
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