This CEO has teamed up with Google, Microsoft, and McKinsey to build an AI degree that could rival Harvard—and it will only cost $10,000 to attend

As millions of young people weigh what comes after high school—whether that’s a traditional college degree, a skilled trade program, or skipping higher education altogether—a new option will soon enter the mix.

Sal Khan, the founder and CEO of Khan Academy, announced this week the launch of the Khan TED Institute, a joint venture with TED and testing giant ETS that will offer a low-cost, AI-focused degree designed to rival elite institutions like Harvard and Stanford.

“Higher education has served many, many people very, very well. And we think there’s many good reasons to go to a traditional university, but not everyone has access to those opportunities,” Khan said in a video announcing the program. 

“On top of that, the world is changing very, very, very fast. We want to make sure that there’s ways even for people with traditional degrees to continue to reskill to supplement those degrees to make sure that they are optimally prepared for an ever-changing future.”

Khan TED Institute is expected to launch within the next 12 to 24 months and will seek academic degree accreditation. Its price tag is projected to come in under $10,000—a fraction of what students pay at the country’s most prestigious schools. By comparison, tuition alone at Stanford is set to reach $67,731 next academic year, while Harvard’s is $62,226.

The program will launch with a bachelor’s in applied AI and........

© Fortune