8 Ways to Crowdfund for Education

Education Matteo Ricci and Xu Guangqi (Wikipedia)Global wealth distribution today is highly unequal. A United Nations University report states that in 2000, 1% of the world’s adults held 40% of the world’s assets. Given this tough economic situation, access to education is paramount to providing opportunity for advancement. Yet combined with rising costs and decreasing public funds available for education, equal opportunity seems a far-off dream. What could be less empowering than being able to predict your educational opportunities simply by virtue of the zip code in which you live? Though dependent on significant efforts and not a silver bullet, crowdfunding offers a chance to rally our communities for change in a more egalitarian way than ever before.

Crowdfunding is people pooling their resources together to support an idea or effort initiated by a person or organization. The concept is not at all new. “Barn raising” —  in which a community comes together to build a barn in a fraction of the time it would take a family to build it on their own — was popular back in the 17 and 1800s. Yet today, we redefine community. No longer is it just the people who live near us from a geographic standpoint. Now, our global, social, and economic connectedness allows us to create and participate in communities across these traditional boundaries. We can now raise barns via crowdfunding — and in doing so, we can begin to bridge gaps in education, wealth, and beyond.

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