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No wonder Elon Musk is starting his own school — higher education has lost public faith

On Wednesday, news broke that SpaceX and Tesla CEO Elon Musk is planning to build a new science and technology university in Austin, Texas.

Good!

It’s about time that new institutions apply some much-needed market pressure to the monopolistic mess that is modern higher education.

According to tax filings obtained by Bloomberg, Musk has already committed $100 million to the project via his charity, The Foundation.

His plan, which was approved by the IRS for tax-exempt status in March, is to establish a primary and secondary school first, then to break ground on a university “dedicated to education at the highest levels.”

The filing reveals Musk intends to admit students based on merit and to offer financial aid.

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5 thoughts on “No wonder Elon Musk is starting his own school — higher education has lost public faith”

  1. Don’t want products from the dispensary 1:23 ?
    Don’t go in there.
    Kids will be ID ed and refused service
    That simple
    Conversation over

  2. The dispensary needs more room. parking, and inside. There’s a vacant building between OakRidge church, and the new Henson project. Alot of parking, room inside, so people don’t stand outside all the time. Your welcome.

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