Exciting concept: the United Nations is funding and sponsoring the newly-launched University of the People, an online university that is nearly free. Students from over fifty countries have already enrolled into programs in business administration and computer science.

The only charge to students is a $15 to $50 admission fee, depending on their country of origin, and a processing fee for every test ranging from $10 to $100. For the University to sustain its operation, it needs 15,000 students and $6 million, of which Mr. Reshef [the university’s founder] has donated $1 million of his own money.

There are good and bad things about this concept in my opinion — the second-class status of the liberal arts falling on the bad side — but I’m eager to see a program like this succeed.