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_how-one-billionaire-lost-millions-and-left-underserved-scholarship-students-in-limbo.webp "On March 21, the roughly 70 employees of the Schuler Education Foundation, based in the affluent suburb of Lake Forest, Illinois, were summoned to an emergency all-hands meeting. Over the past two-plus decades, the nonprofit founded and funded by a former president of healthcare giant Abbott Laboratories, Jack Schuler, had spent at least $150 million counseling and tutoring more than 1,800 low-income students from Chicago and Milwaukee-area high schools to help them gain admission to elite colleges; those colleges in turn covered most (if not all) of the students’ tuition and other costs.<br/><br/>The employees, who first had to certify they wouldn’t record anything, were let into a Zoom room where the nonprofit’s executive director Joanne Bertsch read from a script announcing that the foundation would shut down on May 24. Everyone would be let go except for a skeleton crew of seven college counselors left to support students through August. <br/><br/>0:00 Introduction<br/>0:15 How Our Reporters Found Out About Jack Schuler<br/>3:05 Reporting On The Schuler Foundation<br/>5:45 Losing Money In The Market<br/>8:50 The Role Of Healthcare Stocks<br/>12:23 The Impact On Students And Colleges<br/>16:05 How The Foundation Behaved As Their Investments Lost Value<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2024/04/16/inside-the-collapse-of-a-former-billionaires-foundation-for-low-income-students/?sh=b52a7d62f78b<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_horrifying-details-of-kerala-rape-horror-19-year-old-college-student-raped-in-kozhikode-kerala.webp "India Today")
_hub-college-students-back-sex-assault-reforms.webp "Boston Herald")
_after-12th--career-options-amp-decisions-for-future-studies-charting-paths-for-opportunities-ampsuccess.webp "\")
_feel-college-malayalam-love-lovestatus-viral-video-india-kerala.webp "Whats app status every day")
_raleigh-college-students-worried-after-lack-of-alert-about-sex-assault.webp "CBS 17")
_columbia-university-protest-biden-warns-alarming-surge-of-antisemitismcalls-it-dangerous124-oneindia.webp "On Sunday, April 21, President Joe Biden issued a stern warning about a troubling rise in anti-Semitism, coinciding with the upcoming Jewish holiday of Passover. His statement particularly addressed the student protests unfolding at Columbia University. “Silence is complicity. Even in recent days, we’ve seen harassment and calls for violence against Jews. This blatant Anti Semitism is reprehensible and dangerous — and it has absolutely no place on college campuses, or anywhere in our country\")
_alcohol-college-students-and-sex.webp "Addiction Hope")
_kerala-news-124-teacher-held-for-sexual-abuse-of-over-20-school-students-in-kerala-124-english-news.webp "CNN-News18")
_massive-crowd-gathers-as-columbia-university-faculty-walk-out-after-arrests-of-pro-palestinian-protesters.webp "Huge crowds gathered outside Columbia University buildings as faculty members staged a demonstration in support of pro-Palestine protesters on Monday 22 April.<br/><br/>Students at the private college in New York City ramped up demonstrations and encampments last week after school officials testified before Congress about potential antisemitism on their campus.<br/><br/>The New York Police Department arrested some 100 students last week after the university’s president requested they respond and the establishment’s officials have called for students to de-escalate tensions and “rebuild ties”.<br/><br/>However, several faculty members staged a walkout on Monday to protest the previous week’s arrests.")
_cctv-suggests-sexual-harassment-of-girl-on-bangalore-metro.webp "NDTV")
_kerala-news-124-2nd-year-student-allegedly-dies-by-suicide-at-kerala-college-sparks-massive-protest.webp "CNN-News18")
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