The new impetus coming from the silicon Valley. Where is the risk capital in the home, Start-Up support for the American dream: the students should have to study more at fault.

Study in the USA is so expensive that many Americans need to bother welshing on their student loans even in the retirement age. Individual Federal States have abolished, for this reason, the fees for the Community Colleges. But it’s no use: In the past year, the debt reached to a report by the New York Times, according to a new record – she rose to 1.5 trillion dollars.

For each Individual, the according to the report, on average, about 22,000 dollars in debt, which the study will be accumulated loans. Thus, the Lambda School closing is, at least for the students.

the state system of higher education works in the USACommunity Colleges

The US high school system is divided in three parts. The Community Colleges offer two-year study programmes to start an academic education, especially for socially disadvantaged young people. However, they are also considered to be the most poorly equipped and have the highest drop-out.

Community Colleges traditionally have the lowest fees, usually a few Thousand dollars per year.

Colleges and universities

Colleges and universities lead in four years for the Bachelor’s degree. Graduates of Community Colleges can transfer to a College or a University after two further years of study to complete the Bachelor’s degree.

universities are usually only those facilities that offer a College of so – called Graduate Schools for Master and doctoral programs in a wide range of subjects. The tuition fees for the Graduate area, wanted to abolish hardly a political Initiative. There are also most of the scholarships for high-achieving students.

state universities are for residents of their own state’s relatively cheap. At prestigious universities such as Chapel Hill, North Carolina, about Foreign $ 32,000 per year – and thus the 4.5-fold charge to pay.

The Online-Learning Start-up requires the students no fees, but includes a reverse generation contract: First, if you have a well-paid Job with an annual income of at least $ 50,000, you have to pay for two years, 17 percent of their income to the Lambda School. Who earns very well, but it is not to pay excessively: Capped the total amount to $ 30,000.

In Germany, the model is already known. In this country, it is thanks to Bafög and a more or less free to study at a state University is not customary to go into debt for a degree. Accordingly, Privatunis search for Contribution options, the Study regardless of the financial strength of the Individual.

The private University of Witten/Herdecke power, for example. Here, students can pay the fees on request depending on the income later.

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Also, the private Code-University in Berlin, how the US-Lambda School, a child of the Start-up scene, lets her students a choice: Either, you pay a fixed monthly price. Or you pay for ten years, 6.5 per cent of their earnings, capped at the well of 53,000 euros. The contract, he engages in an annual income of at least 30,000 Euro.

Now the model could also be applied in the United States. As the “New York Times” reported, donations from the Lambda School on Tuesday, about $ 30 million in silicon Valley driven. Among the donors, Geoff Lewis of Bedrock, Google Ventures, GGV Capital, Vy Capital and Y Combinator.

A success is observed in the United States. Educators interested in the model as well as actors in the huge complex, which is About the debts of the student to Wall Street. Individual universities, such as Purdue University in the state of Indiana to develop similar models for themselves.

could not, However, rise to the concept according to the report, for all courses. Because the funding model is only worthwhile, if the graduates pursue once well-paid Jobs. Who will take this risk for a literature student or a budding philosopher, is not in sight.


Sam Yoon has many years of experiences in journalism. He has covered such areas as information technology, science, sports and politics. Yoon can be reached at 82-2-6956-6698.