Bentley University, a private university in Waltham, Massachusetts, has announced that it now accepts digital currencies as payment for tuition. The president of Bentley University Brent Chrite stated that the institution has been “at the forefront in preparing business leaders” and that the staff is “proud to embrace” the same technologies that its students are learning about today.
According to a press release from Bentley’s media, the school of accounting and finance has teamed with Coinbase to allow students and their families to pay tuition in cryptocurrency.
Bentley will accept three types of crypto assets: bitcoin (BTC), Ethereum (ETH), and USD coin (USDC). Bentley president E. LaBrent Chrite noted that the 105-year-old school is adopting a technology that has the potential to completely transform the existing financial landscape.
The Bentley University stated:
“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.”
In addition to Bentley University in Massachusetts, King’s College in Wilkes-Barre, Pennsylvania, accepts bitcoin, and the University of Pennsylvania also accepts cryptocurrencies. Furthermore, crypto asset payments are accepted at the University of California, Berkeley (UC Berkeley). The Bentley release also recognised Alex Kim, a student who founded the Bentley Blockchain Association.
“Students have a real interest in knowing more about blockchain, decentralised finance, and cryptocurrency investments,” said Kim in the press statement.
And went on to say that:
“These technologies are influencing the industries where they will be working.”
Cryptocurrencies are accepted at universities all around the world, including the University of Cumbria in Carlisle, England, the Financial Business School in Paris, France, and the Innovation and Entrepreneurship Business School in Spain. Furthermore, the Lucerne University of Applied Sciences in Switzerland accepts cryptocurrency.
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