ÉCole 42 Offers Accessible Programs to Increase Employment and Lower Debt
Riley von Niessen — January 18, 2017 — Social Good
Xavier Niel, a technology entrepreneur from France, is the founder of École 42, a non-profit coding school.
The model for the school was largely inspired by the problems associated with traditional post-secondary education, which in many cases, is known to rack up life-long debts for students without providing them with the resources necessary to pay them off. At École 42, anyone who is interested in learning how to code has the ability to do so, no matter their economic standing. With his 2013 campus proving successful, the billionaire behind the endeavor is looking to expand École 42's range.
The second campus was recently opened in California, where students will not only learn to code, but have access to 600 dorms. In addition, Xavier Niel is also offering loans to those in need and "access to high-quality internships for the most disadvantaged." With this, students leave with a highly employable skill set that isn't penalized by crushing interest rates.
The model for the school was largely inspired by the problems associated with traditional post-secondary education, which in many cases, is known to rack up life-long debts for students without providing them with the resources necessary to pay them off. At École 42, anyone who is interested in learning how to code has the ability to do so, no matter their economic standing. With his 2013 campus proving successful, the billionaire behind the endeavor is looking to expand École 42's range.
The second campus was recently opened in California, where students will not only learn to code, but have access to 600 dorms. In addition, Xavier Niel is also offering loans to those in need and "access to high-quality internships for the most disadvantaged." With this, students leave with a highly employable skill set that isn't penalized by crushing interest rates.
Trend Themes
1. Accessible Coding Education - Disruptive innovation opportunity: Developing cost-free coding schools that offer accessible programs to increase employment and lower debt.
2. Non-profit Coding Schools - Disruptive innovation opportunity: Establishing non-profit coding schools to counter the issues of high student debts and limited resources for career development.
3. Expanded Coding Education Facilities - Disruptive innovation opportunity: Creating expanded coding education facilities with dormitory accommodations to provide comprehensive and affordable training for students.
Industry Implications
1. Education - Disruptive innovation opportunity: Revolutionizing the traditional post-secondary education system by introducing cost-free coding schools that focus on skill development rather than burdening students with debt.
2. Technology - Disruptive innovation opportunity: Incorporating non-profit coding schools to bridge the skill gap in the technology industry and increase employability.
3. Entrepreneurship - Disruptive innovation opportunity: Offering expanded coding education facilities as a means to support aspiring entrepreneurs in acquiring the necessary coding skills for their ventures.
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