12/11/2010 05:12 am ET Updated May 25, 2011

Gates Foundation Launches $20M Fund For Tech And Education

The Bill & Melinda Gates Foundation announced on Monday a $20 million project to fund Internet and other high-tech ventures aimed at boosting the nation's troubling college graduation rates.

Through the use of the Web, social networks, games and gadgets, the foundation said technology provides new opportunities to keep students engaged in their studies and provide more flexibility to attend classes online.

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