EducationInvestor.co.uk reports that a group of academics is about to launch a new for-profit college. Christened The New College of the Humanities, the school will offer students degrees under the auspices of the University of London. Students will be taught by top academics, the likes of which include scientist Richard Dawkins and historian Niall Ferguson.
The New College of the Humanities is based on the U.S. model of a liberal arts college, focusing on the humanities and the social sciences, particularly philosophy and the arts. But this school is a private company; millions of dollars were raised from investors. And the fees are high -- £18,000 (around $29,000) a year, to be exact. The tuition bill exceeds the loan amount available to most students, so they will have to pay up front if they wish to sit at the feet of The New College's all-star academic lineup.
The U.K. government's recent decision to cut funding to arts, humanities, and the social sciences served as the impetus behind the school's creation.
The New College intends to pick up the slack, offering top-notch courses in English, philosophy, history and law. What's more, students will be taught "intellectual skills" that range from science literacy to logic and critical thinking.
Yet eager students will have to wait until 2012 for the New College to open its doors. Once it does, however, those who can pony up the money should enjoy a first-class education.