While Americans debate whether higher education is worth its steep cost, another movement is quietly taking hold: microfinancing college tuition for students around the world.
Though microfinancing is usually referred to funding small businesses abroad, the Seattle-based non-profit Vittana aims to help students around the world attend post-secondary schools. Rather than lending to individual entrepreneurs, donors offer to pay for students’ tuition. You can visit the Vittana website, view students’ profiles and educational plans, and loan them small amounts — $25 or $50 for example — to pay for their tuition.
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