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Sunday, May 17, 2009

Israeli entrepreneur says he wants to 'take social networking and apply it to academia'

An Israeli entrepreneur who has started what is believed to be the world's first tuition-free online university said Saturday he hopes the effort will expand education to less fortunate people around the world.

Shai Reshef said University of the People has about 150 students from 35 countries who have enrolled since the school began last week. He hopes to expand the program to include 15,000 students in four years.
«It's a simple idea. Take social networking and apply it to academia,» said Reshef, who helped develop several other Internet-based education businesses in Europe.«
«There are hundreds of millions of people around the world who graduated high school and couldn't make it to university either because they didn't have money, or there aren't universities where they live or they couldn't relocate,» said Reshef, the university's founder and president.