How Would You Spend $100 Million?

Anya Kamenetz has an article in this month's Fast Company, "How to Spend $100 Million to Really Save Education". $100 million is the amount that Mark Zuckerberg pledged to the Newark school system.
How would you spend $100 million on higher ed?
For my higher ed $100 million I'd:

• Start a new university.

• Make the fees sliding scale, but the courses and educational experience world-class.

• Focus on the liberal arts - for which a rigorous background should not be reserved for the most affluent.

• Make it fully virtual and online, with not only no campus but no offices.

• Recruit of cadre of full-time faculty who love to teach, want the flexibility of online learning, and are mission driven to reform higher ed.

• Rely on donated, cloud based learning and student management platforms.

• Rely on donated hardware (notebooks and mobile devices) so that all students have a level playing field for learning.

• Rely on open source curriculum.

• Make all of the courses, curriculum, and learning materials open and transparent to the world (while protecting the privacy of the students).

• Encourage and facilitate the adoption of full course designs by other institutions.

• Actively seek out to utilize existing best-in-practice course designs, curriculum and materials.

• Celebrate the institutions or companies that provide best practices, courses, technology or services publicly.

• Make all faculty development materials transparent and open.

• Make all costs transparent to students, faculty, the donor community and the world.

• Commit to rapidly scaling up the number of students that can be accommodated within the boundaries of insuring a long-term sustainable fiscal model.

At this point in my career, I have the knowledge and networks to start this type of institution (and get universities to share courses and companies to share technologies), what I lack is the $100 million.
Would you want to be a part of building this new university?