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July 2, 2007

A More Global Approach to Education

Jon Boone:

Two of the world's most buccaneering education entrepreneurs have teamed up to build 60 multimillion-dollar schools in big cities across the world.

The network of high-end international schools will cater to the children of bankers, diplomats and executives who have to regularly uproot their families.

With annual fees between $15,000 and $40,000, depending on the city, the plan marks a serious departure for Chris Whittle, famous for starting the Edison Schools company, which runs facilities in some of America's most deprived areas.

His new venture, Nations Academy, has been set up with Sunny Varkey, chairman of Dubai-based Global Education Management Systems, which runs private schools around the world.

Posted by Jim Zellmer at July 2, 2007 6:17 AM
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