Shaq Invests In Online College Start Up, Taking On Student Loan Debt Crisis

Shaquille O’Neal values schooling, and now the legendary large man is making school considerably extra reasonably priced … as American college students proceed to fall deeper into debt.

O’Neal, together with 29-year-old enterprise accomplice Tade Oyerinde, talked to TMZ Sports activities this week about their firm, Campus, and its aim to revolutionize 2-year levels.

Consider Campus, which Oyerinde, now the Chancellor, based in 2022 … as an reasonably priced, on-line group school the place college students have a chance to earn an affiliate’s diploma.

Not like the everyday group school expertise, Campus’ professors come from among the most prestigious universities, equivalent to Princeton.

O’Neal, who attended LSU, is investing in Campus, becoming a member of different high-profile traders like OpenAI founder Sam Altman and billionaire Michael Bloomberg … as the boys throw their time and money behind the idea.

We requested Shaq why he determined to get entangled.

“I like to invest in things that are gonna change people’s lives, and this will definitely change a person’s life. Everyone to be able to have access to world-class education is very important. When I first met Tade he told me ‘DFD. I was like, ‘What does that mean? Debt-free degrees,'” O’Neal informed Babcock.

In fact, scholar mortgage debt is a big drawback … with U.S. college students/graduates owing lenders to the tune of $1.7 TRILLION. Campus says they wish to stem the bleeding by offering reasonably priced education.

Tuition at Campus clocks in at simply over $7k for the yr … which pales compared to the typical value for a school schooling.