Philadelphia: A premier Ivy League research institute, the Wharton School of the University of Pennsylvania, is mulling accepting cryptocurrency as tuition fees for its online blockchain and digital assets programme. Coins such as Bitcoin will be accepted as one method of payment.
The online course, due for January start, offered by the prestigious school costs $3,800 and several thousand students get admitted here per year.
“It’s a program about blockchain and digital assets, we felt that we should talk the talk and walk the walk,” Prysm Group managing partner Guido Molinari was quoted as saying in an interview by Bloomberg. Prysm Groupworks with Wharton to develop the programme.
There have been several university experiments with cryptocurrencies over the years. It may be recalled that the Massachusetts Institute of Technology famously gave out Bitcoin to its students in 2014. Other colleges too have started allowing students to use crypto to pay tuition fees.
The University of Pennsylvania received the largest cryptocurrency gift in its history, $5 million from an anonymous donor in May, Bloomberg reported.
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