2016/10/25 2:44 PM
College tuition fees are expensive. It costs most students tens of thousands of dollars to achieve a degree education, which for many families is simply unaffordable. However, with digital currencies becoming increasingly popular, you might be wondering whether you can use your store of bitcoin to pay your college fees.
At the moment, Bitcoin is not widely accepted in the mainstream world, so if you want to study for a masters in public health at the University of Arizona, you need some dollars in your bank account. However, there are a few enlightened educational establishments who have agreed to accept bitcoin as payment for tuition fees – with one important proviso.
University of Nicosia
The first university to take the plunge was the University of Nicosia, which is a private educational establishment in Cyprus. The university made the announcement back in 2013, when it was seeking publicity for its new Master of Science…