Masters of Scale

Rapid Response: How Campus won over Sam Altman & Shaq, with founder Tade Oyerinde

Aug 27, 2024

23:10

Snipd AI

Tade Oyerinde, founder and Chancellor of Campus, an innovative online community college, discusses revolutionizing higher education. He addresses the high student loan debt crisis and how Campus's unique model, including competitive pricing and extensive student support, is making education accessible. Sam Altman shares insights on investing in educational ventures, while Shaquille O'Neal adds his celebrity perspective on business innovation. Their collaboration highlights ambitious goals aimed at transforming societal impact through education.

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Quick takeaways

Campus revolutionizes community college education by prioritizing affordability and support services, resulting in higher graduation rates and reduced student debt.

Founder Tade Oyerinde emphasizes the need for higher education to treat students as customers, enhancing retention through a compelling purpose and innovative business model.

Deep dives

Innovative Community College Model

An online community college named Campus aims to transform the higher education landscape by making education accessible and affordable. Founded in 2022, it offers tuition around $7,200, attracting professors from prestigious institutions while addressing rising student debt. Tade Oyerinde, the founder, emphasizes that the conventional model of community college often fails to graduate students, with around two-thirds leaving without a degree and accruing debt. By leveraging a live online learning format, Campus aims to improve student engagement and success rates, ensuring that students can transition smoothly to four-year universities after completing their coursework.

Intro

2min

Revolutionizing Community College Education

12min

Revolutionizing Education: New Models and Insights

6min

Transformative Investments in Education and Innovation

3min

Transforming Higher Education and Celebrating Business Milestones

3min

With student loan debt at record highs, higher education is at a crossroads. Campus is an all-online community college that’s built a business model around competitive pricing, resources for students (like giving them a laptop and paying for home internet), and compensating professors well above the national average. The start-up also achieves high graduation rates, while maintaining an impressive bottom line. Campus founder and Chancellor Tade Oyerinde shares how he wooed investors like Sam Altman and Shaq, and has won-over major partners from Forever 21 to Arizona State University and Butler University.

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