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LeBron James will spend more than $41M to send 1,100 kids to college
Posted on 8/14/15 at 6:46 pm
Posted on 8/14/15 at 6:46 pm
Didn't come up in a search so forgive me if it's been posted. Some excerpts...
quote:LINK
LeBron James is giving kids from Akron -- ones with challenging backgrounds like his -- the chance to go to college for free.
The NBA star has partnered with the University of Akron to provide a guaranteed four-year scholarship to the school for students in James' "I Promise" program who qualify. The scholarship will cover tuition and the university's general service fee -- currently $9,500 per year. James told ESPN he plans to provide this for 1,100 kids, which would cost his foundation a total of $41.8 million at the school's current rates.
The school and the LeBron James Family Foundation are still finalizing the criteria for the scholarships. The students will have to graduate high school within Akron's public school system and achieve standard testing requirements as well as fulfill a community service obligation.
"It means so much because, as a kid growing up in the inner city and a lot of African-American kids, you don't really think past high school," said James, who bypassed college to jump to the NBA. "You don't really know your future. You hear high school all the time, and you graduate high school and then you never think past that because either it's not possible or your family's not financially stable to even be able to support a kid going to college."
20
Posted on 8/14/15 at 6:48 pm to Louie T
Get the man some condoms...
No seriously, wonderful gesture on his part.
No seriously, wonderful gesture on his part.
Posted on 8/14/15 at 6:53 pm to Louie T
Very little if any of that money will come out of LBJ's pocket.
Posted on 8/14/15 at 6:56 pm to Louie T
They'd awesome seems like he could negotiate more favorable tuition rates tho
This post was edited on 8/14/15 at 6:57 pm
Posted on 8/14/15 at 6:58 pm to SirWinston
Since when are tuition rates negotiable, AlejandroInHouston?
Posted on 8/14/15 at 7:00 pm to cubsfan5150
Who's pockets is it going to come from?
Posted on 8/14/15 at 7:02 pm to COTiger
quote:
Who's pockets is it going to come from?
They will have tons of donations coming in just because of LBJs name attached to it.
Posted on 8/14/15 at 7:03 pm to Louie T
This is the most generous higher education donation to poor youths since Scott's Tots.
Posted on 8/14/15 at 7:07 pm to THRILLHO
The Little LeBronski Urban Achievers.
This is a great project for his foundation. That's a ton of scholarships. The article also says Akron is renaming the College of Education after his foundation.
This is a great project for his foundation. That's a ton of scholarships. The article also says Akron is renaming the College of Education after his foundation.
Posted on 8/14/15 at 7:17 pm to Louie T
quote:
LeBron James will spend more than $41M to send 1,100 kids to college
quote:
Of all the first-time, full-time students who enroll at the main campus at the University of Akron, only 14 percent graduate in four years.
•?Only 38 percent graduate in six years.
Won't cost him 41 million.
Posted on 8/14/15 at 7:18 pm to Louie T
People still hating, but at least his foundation doesn't just fund aau teams like most of these guys'.
Posted on 8/14/15 at 7:22 pm to Louie T
Got a tattoo on his back when he was like 16 years old, NOTHING CAN MAKE UP FOR THAT!!!!
Posted on 8/14/15 at 7:38 pm to shel311
Posted on 8/14/15 at 7:40 pm to Louie T
This reminds me of the the office episode where Michael pledges to pay college tuition for an entire class of elementary school students.
Posted on 8/14/15 at 7:44 pm to Nonetheless
That's great. I have been a bit of a Lebron hater, but this makes me reconsider that. I'm not sure if this is exactly the best way to achieve his goals, but that is an outstanding example of putting his money where his mouth is. Good on him.
Posted on 8/14/15 at 7:53 pm to Louie T
tpos
Posted on 8/14/15 at 8:31 pm to Louie T
Tax write off
Posted on 8/14/15 at 8:34 pm to SPEEDY
That's great by Lebron
But he's really fueled the flame of the section of my Facebook retards that think College should be free for everyone
But he's really fueled the flame of the section of my Facebook retards that think College should be free for everyone
Posted on 8/14/15 at 8:36 pm to Louie T
Why am I reminded of Scott's Tots
Posted on 8/14/15 at 8:38 pm to wildtigercat93
College shouldn't be free... But 3x the inflation rates is basically b.s.
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