Markets

Bezos to Give $33M in College Scholarships to DACA Students

Bezos to Give $33M in College Scholarships to DACA Students

The scholarship program will fund US high school graduates with a Deferred Action for Childhood Arrivals (DACA) status, an Obama-era program protecting young immigrants brought to the United States illegally by their parents - commonly known as Dreamers.

The grant, which is the largest in the history of the organization, will see 1,000 Dreamers get $33,000 over the course of four years to help pay for college.

Earlier this week, Bezos became the richest person of all time when his net worth reached $105.1 billion. Operation Pedro Pan was an exodus of unaccompanied minors from Cuba during the 1960s.

There are 2,850 students now enrolled in different colleges as part of TheDream.US scholarship, which covers the cost of tuition, fees and books. Trump repeatedly said that border wall funding had to be a part of the deal for it to continue. Nevertheless, the $33 million charity donation from the couple is certainly considered a big help for the nonprofit group in order to send another group of Dreamers to college.

Marshall added: "Everyone who believes in education and is a friend of the Dreamers would like to thank Jeff and MacKenzie Bezos for this magnificent gift". Undocumented immigrants are not eligible for federal grants or loans, and they are precluded from state aid and in-state tuition rates in many states. Bezos continued: "He landed in this country alone and unable to speak English". "We would invite anyone who questions the value of Dreamers to please come meet some of our students".




The donation comes as Congress tries to negotiate a bipartisan solution for DACA recipients after the Trump Administration ended the program a year ago.

Prior to President Trump's decision to remove DACA protections in September, hundreds of CEOs, including Bezos, signed a letter asking him to keep the program intact and many voiced their disappointment when the president chose to end protections.

President Donald Trump announced that his administration will allow DACA to expire unless Congress is able to pass legislation that will keep it intact.

Bezos' donation comes as immigrants with DACA are feeling heightened anxiety and insecurityover losing their permission to stay in the US and work.


  • Brokers Set Expectations for Halliburton Company's Q1 2018 Earnings (NYSE:HAL)

    Private Advisor Group Inc Limited Liability Com reported 20,718 shares. 40,790 were reported by Bancorporation Of Montreal Can. Inside the closing six months period the stock's performance raised 33.80% while overall yearly performance lost -41.96%.
    Pence to lead USA  delegation to Olympics in South Korea

    Pence to lead USA delegation to Olympics in South Korea

    Short-track speedskating star Elise Christie and her team-mates have been given a target of one-to-two medals. The medal target announcement was made at the Korean Cultural Centre UK in central London.
    United States  urges citizens to 'reconsider travel' to Pakistan

    United States urges citizens to 'reconsider travel' to Pakistan

    Several European countries that are popular with American tourists were put at the Tier 2 level due to risks related to terrorism. Meanwhile, No. 3 advisories suggest travelers reconsider trips to designated locations, while No. 4 recommends against travel.
  • Harman leads in Hawaii as Spieth steadies the ship

    Harman leads in Hawaii as Spieth steadies the ship

    Spieth, who had been favourite to win heading into the competition, managed a birdie on his final hole. But the shot of the day belonged to Jordan Spieth after he sank a 91ft putt on the par four fifth.
    Muslim bodies oppose Netanyahu's visit to India

    Muslim bodies oppose Netanyahu's visit to India

    Prime Minister of Israel Benjamin Netanyahu will be on a six-day visit to India from coming Sunday. The Israeli prime minister will have a number of engagements in Mumbai on January 18.
    Is Celine Dion heading to New Zealand?

    Is Celine Dion heading to New Zealand?

    Dion is yet to announce any further dates, but her touring schedule is empty following her show in Bangkok on July 23. Since then, she has gone on to garner critical acclaim, especially for her 1996 album Falling into You .
  • Seeing Samsung's 'The Wall' MicroLED TV Made Me a Believer

    Seeing Samsung's 'The Wall' MicroLED TV Made Me a Believer

    Unsurprisingly called Roku Entertainment Assistant, the system will debut on a new soundbar by TCL called the Roku Smart Soundbar. LG, Panasonic , Philips and Sony are now the only manufacturers producing OLED TVs , something that Samsung hasn't got behind.
    Canada complains to WTO, says U.S.  breached trade rules

    Canada complains to WTO, says U.S. breached trade rules

    He explained, "Even if Canada succeeded on these groundless claims, other countries would primarily benefit, not Canada". If Canada is successful at the WTO, the United States may have to change the way it approaches trade remedies cases.
    Czechs Voting In Second Day Of Presidential Election

    Czechs Voting In Second Day Of Presidential Election

    His more liberal rival Jiří Drahoš is staunchly pro-European and has called for Prague to "play a more active role in the EU". In a 2015 Christmas message, Zeman described the ongoing influx of migrants in Europe as an "organized invasion".
  • Starbucks Corporation (SBUX) Stake Decreased by Rainier Investment Management LLC

    Starbucks Corporation (SBUX) Stake Decreased by Rainier Investment Management LLC

    After $0.55 actual EPS reported by Starbucks Corporation for the previous quarter, Wall Street now forecasts 3.64% EPS growth. Mizuho reissued a "buy" rating and issued a $75.00 price target on shares of Starbucks in a report on Friday, September 29th.
    Netflix, Inc. (NFLX) Shares Bought by BKS Advisors LLC

    Netflix, Inc. (NFLX) Shares Bought by BKS Advisors LLC

    The company has a market cap of $95,180.00, a price-to-earnings ratio of 219.43, a P/E/G ratio of 3.41 and a beta of 1.34. It dropped, as 100 investors sold FL shares while 131 reduced holdings. 10 funds opened positions while 22 raised stakes.
    WWE star John Cena teaming up with Nickelodeon for three projects

    WWE star John Cena teaming up with Nickelodeon for three projects

    In addition to joining Rise of the Teenage Mutant Ninja Turtles , Cena is expanding his partnership with Nickelodeon . Regarding the Ninja Turtles series , Cena will voice an original villain named Baron Draxum.