Given higher education’s current emphasis on outcomes and other performance measures of graduates, some numbers recently caught my eye:
1 New School:
- $90 million invested by founder Xavier Niel
- 60,000 applicants
- 4,000 applicants made the first cut
- 4 weeks worth of in-person exercises to be admitted
- 800 students will be admitted
- 18-30 years old: the only criteria for applying
- $0 cost to attend
- “42” – the school’s name
The school was founded to solve two specific problems in France – a high youth unemployment rate and a shortage of IT specialists. The untraditional approach includes 100% learning peer-to-peer and project-based learning.
As the curriculum takes 3-5 years to complete, it will be awhile before the outcomes of this experiment are available. In the meantime, it will be interesting to see whether the students value their experience, if any admitted students choose or are forced to drop-out, and ultimately how the market values their skills.
A promising idea?