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Idea 2: Merge the concepts of the Initiative and the current Avengers Academy idea. The title would consist of three group of characters by having veteran Avengers as teachers, less experienced and younger Avengers as student teachers, and the inexperienced younger students. But like the Initiative, it would consist of many more characters. Each student teacher would be assigned a certain group of students as well, where they would take the team out on superhero adventures. Great way to include many superhero characters that would otherwise just stay in limbo.
Your second idea is pretty much the same thing I was thinking would be cool.