Shaquille O’Neal, the legendary basketball player, has made a significant investment in Campus, an online community college start-up, to address the growing issue of student loan debt in the United States. Alongside his 29-year-old business partner, Tade Oyerinde, O’Neal aims to revolutionize the accessibility and affordability of higher education.
Key Takeaway
Shaquille O’Neal’s investment in Campus reflects a commitment to providing accessible and affordable education, aiming to combat the escalating student loan debt crisis in the United States.
Shaq’s Vision for Change
Shaquille O’Neal, known for his passion for education, has joined forces with Tade Oyerinde, the Chancellor of Campus, to bring about a transformation in the traditional college experience. The goal of Campus is to provide students with the opportunity to earn an associate’s degree through an affordable and flexible online platform.
Revolutionizing Higher Education
Campus sets itself apart from conventional community colleges by offering courses taught by professors from prestigious universities, including Princeton. This approach aims to provide students with a world-class education at a fraction of the cost, ultimately challenging the existing financial barriers to higher learning.
Addressing the Student Loan Debt Crisis
With the total student loan debt in the U.S. reaching a staggering $1.7 trillion, the need for accessible and affordable education has never been more pressing. Campus seeks to alleviate this burden by offering tuition at just over $7,000 per year, significantly lower than the average cost of college education.
