17 September 2012

"Why These Kids Get a Free Ride to College"

Stoppable passed on this NY Times article about the Kalamazoo Promise.
It totally made my day and is such an interesting economic and sociological experiment.  That investment in human capital is hard to predict and hard to quantify but the long term changes in the HS's, the student body and the community are intriguing.  I was surprised by the how quickly the Promise changed the suburban flight problems that Kalamazoo was facing.  It sounds very similar to where I'm at and I wondered what size of endowment it takes to fund such a venture.
Also, many of those students can probably earn scholarship money, the Promise may be just the hope they need to make college a believable goal. 

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