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https:\/\/instagram.com\/p\/C-IiBB9pS6r<\/a> <\/p><\/blockquote>\n
A “wealthy” suburban family, the Schuler family (Jack Schuler, an exec at Abbott laboratories who net worth was about 1.1 billion with just a measly $200 million) started a Schuler Scholars program to give low-income students a way to pay for their college tuition. The program was founded a few decades ago, however abruptly shuttered earlier in July, leaving students scrambling and very much stressed out about how they’ll fund their college education. The program in May said they would fulfill the promise of the $2,500 per year scholarship and health insurance but backed out completely.<\/p>\n
As a reminder, Black students emerge with significantly heavier student debt on average than white students. <\/p>\n
Even when the program was funded, there were questionable rules that students had to follow including:
– taking AP credit courses every year
– attending an expensive, small college chosen by the Schuler foundation — “To get the $10,000 scholarship, students in the program, who are mostly Black and brown, had to attend one of the colleges handpicked by the Schulers \u2013 most of them small liberal arts schools that serve majority-white student populations.<\/b><\/p>\n\u201cA lot of students who go to the \u2018Schuler-preferred\u2019 option end up transferring and dropping out because it was really racist, or they did not feel safe or they couldn\u2019t find communities that they identified with in that place,\u201d<\/b> said a counselor who was laid off from the Schuler Scholars program in May.”<\/p>\n