The United Nations recently announced the launch of the world's first tuition-free online university. Named the University of the People, the school will open up access to higher education for many individuals around the world.

The UN explains:

For hundreds of millions of people around the world higher education is no more than a dream, Shai Reshef, the founder of the University of the People, told reporters. They are constrained by finances, the lack of institutions in their region, or they are not able to leave home to study at a university for personal reasons.

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