New Bloomberg Effort to Help Low-Income Students Through College

In an effort to help talented low-income high school students get into and succeed in college, Bloomberg Philanthropies has announced a new initiative to do just that.

According to The New York Times, the effort will involve hiring 130 full-time college counselors and enlisting 4,000 college students as part-time advisers. Using video chat, email, telephone and text, they will mimic the support network — composed of guidance counselors, teachers, parents and friends — that more affluent high school students take for granted. "Many of America's brightest students don’t apply to college simply because they lack access to the right information and guidance, particularly students from low- and middle-income families who want to go to competitive colleges but don’t think they can afford it. That limits their opportunities and contradicts what we stand for as a society – and it holds us back as a nation because it prevents so many smart young people from contributing to the best of their abilities,” said Michael R. Bloomberg. This new initiative aims to directly help as many as 65,000 students a year! (For more on this story, click here.)

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