Avenues: The World School is a international system of for-profit private schools for pre-K-12th grades. The first campus opened in September 2012 in the New York City neighborhood of Chelsea. Avenues plans to open 20 or more campuses in other cities around the world over the next decade. The system is planned to be an integrated "learning community" with a shared vision, curriculum, technology, professional development of faculty and oversight by a centralized headquarters team. Avenues is organized in four "schools" or divisions: the Early Learning Center (nursery school and pre-kindergarten), Lower School (kindergarten through grade four), Middle School (grades five through eight) and Upper School (grades nine through 12). Tuition at the schools will cost $45,350 annually per student (2015-16 academic year). Originally the tuition was supposed to be $40,000 per year but, citing a recession, Avenues will start charging $45,350 a year starting September 2015. Avenues' Senior Advisor and Co-Founder is Benno C. Schmidt, Jr., formerly president of Yale University and dean of Columbia Law School. Schmidt co-founded Edison Schools, now EdisonLearning in 1992, and he currently serves as chairman of the board for the City University of New York. The systems second Co-Founder is Chris Whittle, a media and education entrepreneur. Whittle founded Edison Schools with Schmidt in 1992, and before that built a single college magazine into one of Americas top 100 media companies in the 1980s. The companys President - Americas & EMEA and final Co-Founder is Alan Greenberg, a businessman with a background in interactive and traditional media in the education, healthcare and global travel sectors. He founded Greenberg News Networks, which was subsequently purchased by WebMD.