Bill and Melinda Gates are focused on higher education! According to the November 21st edition of the Chronicle of Higher Education, the Gates Foundation plans to allocate approximately three billion dollars over the next five years to increase the number of young college graduates who are from low-income families. The Chronicle predicts if the program is successful, an additional 250,000 young people will earn college degrees by age 26. At the beginning, this program will target community colleges because of their low tuition cost and open admission criteria.
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