Training Africa's youths
Taddy Blecher was ready to emigrate from South Africa when he took a second look at his native country. "I saw aching poverty," he said, and he made a life-changing decision to do something about it. In 1999 he and his colleagues opened CIDA City Campus to provide disadvantaged youths a chance to earn a four-year business administration degree.
At a cost of just $9,500 per student, CIDA has produced 1,800 graduates with potential lifetime earnings of $635,000 to $1.5 million who teach and sponsor other students. CIDA plans to open new campuses, increase enrollment and create a franchise model called University-in-a-Box entirely built and managed by students.