The University of Texas System Invests $10 Million in MyEdu to Improve Graduation Rates and Lower College Costs

Ann McClure's picture
Friday, October 28, 2011

MyEdu, the nation's leading student academic platform for completing college, announced today that it has partnered with the University of Texas System (UT System) to provide an enhanced student academic platform, helping students across UT System institutions to significantly increase their return on education by raising graduation rates, decreasing time to graduation and supporting career readiness goals. As part of the partnership, the UT System is making a $10 million investment in MyEdu, which is already used by millions of students on more than 800 campuses across the country.

"The current graduation rates in our country must be improved for what is a significant investment for students, their families and our nation," said Michael Crosno, founder, CEO and Chairman of MyEdu. "Our mission is to improve graduation rates, and our collaboration with UT -- one of the nation's largest and most-respected systems -- will allow us to provide its more than 200,000 students the technological tools to help them get a college degree in less time and embark on a successful career. The UT System should be applauded for its commitment and innovative approach to tackling some of the most important obstacles facing students."

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