Monday, May 27, 2024
HomeSchoolsUniversity in Massachusetts Allows Tuition Payments Using Cryptocurrency

University in Massachusetts Allows Tuition Payments Using Cryptocurrency

-

Bentley University in Waltham, Massachusetts has announced that students can now pay for tuition using cryptocurrency. 

The university has partnered with American cryptocurrency exchange platform Coinbase to become one of the first higher education institutions to implement such technologies, giving families a new payment option. 

“Bentley University is at the forefront in preparing business leaders with the skills and knowledge to succeed in the changing world economy. We’re proud to embrace this technology that our students are learning about, which will soon transform the global business landscape they’re about to enter,” President E. LaBrent Chrite said in a press release.

Bentley will be accepting three cryptocurrencies: Bitcoin, Ethereum, and USD Coin. 

A New World

Data from the Pew Research Center found that 16 percent of Americans — 41 million people — have traded, used, and invested in cryptocurrency. 

Growing student interest has been cited as reason for the move, including a new crypto finance course that will be offered this fall. 

“Students have a real interest in knowing more about blockchain, decentralized finance and cryptocurrency investments. These technologies are influencing the industries where they will be working,” said Alex Kim, a Bentley student who launched the Bentley Blockchain Association. 

You Might Also Like

Latest Posts

10 College Wardrobe Essentials to Look Stylish on a Budget

Ready to refresh your wardrobe? This list will break down college wardrobe essentials that you can mix and match to look like a million bucks!

10 Budget Vegan Recipes Perfect for Busy College Students

If you’re a first-time vegan or looking for new go-to dishes, these easy, affordable, and dorm-friendly vegan recipes can get you started.

Misguided Guidance: The Impact of College Counselors on Student College Aspirations

The challenges posed by misguided college counseling are profound, and colleges and universities must prioritize meaningful reforms in their counseling departments