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.


  • Rose McGowan's new E! docuseries will include her controlled substance arrest

    Rose McGowan's new E! docuseries will include her controlled substance arrest

    But actress Rose McGowan , who was one of the first to go public about abuse, laid into "hypocrites" who did not speak out before. When introducing the gong for best director, she told the audience: "And here are the all male nominees".
    Nick Kyrgios Reaches Brisbane International Final

    Nick Kyrgios Reaches Brisbane International Final

    However, after saving five break points early in the contest, Kyrgios soon took charge of proceedings and ultimately won easily . The Australian's world ranking will improve to 18 after reaching the Brisbane final and will climb to 17 if he claims the title.
    Ford Announces 2019 Ford Edge ST — Sharper Edge

    Ford Announces 2019 Ford Edge ST — Sharper Edge

    Bigger brakes are standard on the ST, while an even more capable performance brake system is optional for more stopping muscle. None of the bug numbers are out yet, but we expect the Edge ST to come close to the 17/24 mpg city/highway of the Edge Sport.
  • Consensus Estimates and Trading Data for Kite Realty Group Trust (KRG)

    Consensus Estimates and Trading Data for Kite Realty Group Trust (KRG)

    TD Asset Management Inc. bought a new position in Education Realty Trust during the 2nd quarter worth approximately $504,000. The stock of British American Tobacco p.l.c. (NYSE:BTI) has "Overweight" rating given on Thursday, May 25 by Piper Jaffray.
    Thierry Henry: What I really think about Liverpool FC forward Mohamed Salah

    Thierry Henry: What I really think about Liverpool FC forward Mohamed Salah

    Klopp has enjoyed a successful three years at the helm of Liverpool but his career could have taken a very different path. He has the gift to think like the players, no matter whether you are a superstar or a player on the bench.
    Sevilla, United in ticket war

    Sevilla, United in ticket war

    The move comes after extensive talks between both clubs failed to see them reach a compromise or bring ticket prices down. Any money left over from the price increase will be donated to the Manchester United Foundation, the club's charity arm.
  • Things We Want To See In 'Avengers: Infinity War'

    Things We Want To See In 'Avengers: Infinity War'

    The can apparently be no doubt by now that Avengers 4 will involve a major alternate timeline or some serious time-travelling. That also likely has massive implications for the future, as messing with time travel always seems to result in big changes.
    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.
    Razer Project Linda Turns Your Phone Into a Laptop

    Razer Project Linda Turns Your Phone Into a Laptop

    Project Linda features 200GB of internal storage and a built-in power bank to recharge the phone when it is docked. The company feels that the new hybrid laptop concept will being a new era of mobile personal computing.
  • Spurs chairman makes bold claim over futures of Kane and Alli

    Spurs chairman makes bold claim over futures of Kane and Alli

    Real Madrid, on the other hand, may have to step up their interest in order to secure the services of the player. With no imminent arrivals for Tottenham , Mauricio Pochettino admits the club's transfer activity is now frozen.
    Kenya open sales for NY  flight

    Kenya open sales for NY flight

    Kenya Airways, in a statement, touted the flight as the quickest way to get from East Africa to NY . It is said to be the first non-stop flight between East Africa and the United States of America.
    'Flight of the Conchords' is returning to TV as a special

    'Flight of the Conchords' is returning to TV as a special

    The show comes nine years after the end of their self-titled TV show for the broadcaster ended after two seasons and 22 episodes. Since then, McKenzie won an Oscar for writing songs for 2011's The Muppets , with Clement now co-starring on FX's Legion .