The solutions to some of the world's most pressing problems lie in the hands of relatively young college students. YNN's Adam Balkin filed the following report.

Adults just don't have the answers to all of the world's most pressing problems, so now kids, or more precisely, college students, are given a try. These smart students who have come up with some really innovative ideas have been gathered by the Kairos Society.

"We brought 350 of these top students, along with 150 of today's most influential leaders," says Ankur Jain of the Kairos Society. "Let's break down these big problems in education and health care into specific problems with these kinds of students, who are coming from artificial intelligence backgrounds, science backgrounds. We can now create new innovative ideas on how to solve these problems and then then turn those into companies."

The organization also scoured the world to create a "Kairos 50," what it calls a "Fortune 500-type list," but for companies created by college students that can solve a global problem.

The innovations range from new ways to watch TV to a way to wash one's hands without soap.

The waterless soap devised by Headboy Industries' Ludwick Marishane, a student at University of Cape Town in South Africa, is unlike hand sanitizer in that, among other things, it uses moisturizers and has no alcohol.

"You've got two billion people in the world who don't have proper access to water and sanitation. This is a product that saves many lives and it's very effective against a disease called trachoma, which leaves eight million people permanently blind each and every year," says Marishane. "To avoid trachoma, you don't need drugs or medicine, you just need to wash your face."

Two companies come out of the University of Southern California. One product, Sole Bicycles are inexpensive, made of recycled steel and help people travel in a more environmentally friendlier and healthier way. The other product, American Standard Television, is making a box so that more media from others countries is more accessible via one's TV.

"You have a lot of people trying to access this media through piracy because it's the only means to get it. Piracy has shown in a lot of ways it fuels black market corruption, so we give these people access to all their culture, all their media," says Jonas Jonsson of American Standard Television.

For more information on the students and their companies, and Kairos itself, visit www.KairosSociety.org.