CampusGroup, a for-profit community college focused on two-year degrees and certifications, has successfully raised $46 million in a Series B funding round. The investment was led by General Catalyst, with participation from notable Silicon Valley figures including Sam Altman, Peter Thiel’s Founders Fund, and Figma's Dylan Field. The funding aims to enhance accessibility and affordability in higher education, targeting a generation of learners dissatisfied with traditional college structures. Campus Chancellor Tade Oyerinde emphasized the need for reform in American education, aiming to provide a viable alternative with no student debt. The announcement has garnered attention from various investors and educational leaders, highlighting a shift towards more practical and financially sustainable educational models.