Net Present Value: Gates Foundation to spend $30M on hybrid schools

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Saturday, December 11, 2004

Gates Foundation to spend $30M on hybrid schools

According to this New York Times story (registration required):

In an effort to improve high school graduation rates and encourage more low-income students to finish college, the Bill and Melinda Gates Foundation will spend an additional $30 million to create hybrid high schools in which students spend significant time in college classes, the foundation announced yesterday.

The grants will create 42 such schools, known as early-college high schools, which will serve about 17,000 students around the nation, the foundation said. The schools, most situated on college campuses, will place their students directly in college classes for much of their academic careers, so that upon graduation they will have earned either an associate's degree or as much as two years' college credits toward a bachelor's degree.

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