WITH STUDENT LOAN DEBT BALlooning into a $1.8 trillion crisis, education entrepreneur Tade Oyerinde has developed an affordable alternative to a traditional four-year degree. In 2022, he launched Campus, the first national online community college. While most evangelizers for online education have pursued massive, asynchronous classes, Oyerinde is betting that live learning is the key to creating a better model of higher education. After a $29 million Series A round led by Sam Altman and Discord cofounder Jason Citron (topped up by an investment from Shaquille O'Neal in early 2024), Campus began offering associate degrees and certificate programs with both online and in-person classes last year. Campus has attracted professors from such colleges and universities as Princeton, NYU, Vanderbilt, and Spelmanin part by paying around $8,000 per class, or double the national average for adjunct professors. Tuition only costs about $7,200 per year, which is below the threshold for needbased federal Pell Grants, and the graduation rate at Campus is higher than the community college national average. More than half of its 900 current students are Black or Hispanic; 70% are women; and the majority are also firstgeneration college students.
What's your pitch to professors and students? 
If you're an adjunct making $50,000 to $55,000 a year, you know something's not working well in the current system-and you can be part of the solution. We give every student a laptop. We give students free math and writing tutoring and pair them with a success coach. Very few institutions provide this level of support. We want you not just to enroll; we want you to graduate. That's our lodestar.
What's driving Campus's high graduation rate? 
These classes are live. You're actually meeting face-to-face with a professor for three hours, every single week. That's never been possible before. EdX and Coursera are just prerecorded videos. There's been a change since COVID: Now a lot of young people understand that online learning can be synchronous and engaging. You're still making friends; you're still building relationships with professors who can write you a letter of recommendation.
What else differentiates Campus? 
Students are our customers. And if they are dropping out, we need to stop that. So we ask ourselves, what does our customer support look like? We're helping with some of the other issues that are impediments to graduation.&nbsp;We have a partnership with a company called TimelyCare. If you're a student and you're having a mental health challenge, you go into the portal, and you're on a call with a trained, licensed professional who can help you.
How do you plan to keep tuition low? 
You have to be a lot more efficient. You can't have humans doing a bunch of things that technology should be able to do, like evaluating FAFSA [student aid applications]. Our objective is to have a better deal for faculty and students. We haven't had a single student take out a dollar in student loans. Our mission is to maximize access to world-class education.

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