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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.")
_chinas-hell-mode-elementary-students-read-100000-word-books-in-3-minutes-beyond-redemption.webp "China Observer")
⏲ 16 minutes 11 seconds 👁 40.4K
_chinese-high-school-for-a-day.webp "Jessica Duhon")
_woman-pays-off-her-3680k-student-loan-with-depop-and-ebay.webp "Credit: SWNS / Kelsey Mikula<br/><br/>A woman paid off her $80k student loan in THREE YEARS by buying and reselling clothes on eBay and Depop.<br/><br/>Kelsey Mikula, 26, started buying and reselling clothes in 2020 when she struggled to find a job coming out of university.<br/><br/>During this time, Kelsey would do shifts as a unit secretary in a hospital and sell clothes as a side hustle.<br/><br/>Kelsey buys clothes from charity shops like Salvation Army, Goodwill and local thrift stores, then sells them on sites like eBay and Depop.<br/><br/>After graduating, Kelsey started paying off her $80k student loan debt in April 2020 which she successfully paid off by March 2023.")
_36000-kids-you-dont-want-to-mess-with-124-short-film-showcase.webp "National Geographic")
_chinese-kindergarten-childrens-impressive-basketball-skills-go-viral-globally.webp "South China Morning Post")
⏲ 1 minute 40 seconds 👁 1.3M
_52-of-people-think-the-current-education-system-prepares-young-people-poorly-for-the-world-of-work.webp "Does the education system prep students for the real world?")
⏲ 1:5 👁 390K
_inside-the-insane-life-of-a-chinese-university-student.webp "Hafu Go")
_chinese-students-forced-to-smash-their-phones-in-school.webp "South China Morning Post")
_prince-louis-b39day-rwanda-asylum-law-nyu-protest-and-more124-international-news-wrap-ep-5-124-oneindia.webp "Join us for the latest international news updates in Episode 5 of International News Wrap. In this episode, we cover a range of topics including Prince Louis's birthday celebration, the passing of the Rwanda Asylum Law in the UK parliament, the recent protests at NYU, and more. Stay informed about the latest events from around the globe by tuning in now! <br/> <br/><br/>#PrinceLouisBirthday #RwandaAsylumLaw #NYUProtest #MalaysiaHelicopterCrash #NorthKoreaDrill #InternationalNews #Oneindia<br/>~HT.97~PR.274~ED.102~")
Prince Louis B'day, Rwanda Asylum Law, NYU Protest and More| International News Wrap EP-5 | Oneindia
⏲ 8:1 👁 1.9M
_two-indian-students-both-19-lose-their-lives-in-a-tragic-road-accident-in-us-124-oneindia-news.webp "Two Telangana students, Nivesh Mukka and Goutham Kumar Parsi, aged 19, tragically perished in a road accident in Arizona, USA. Both studying computer science engineering at Arizona State University, they were returning home when their vehicle collided head-on with another car. The families urge Indian government assistance to repatriate their bodies. The incident underscores safety concerns for Indian students abroad. <br/> <br/> <br/>#indianstudentus #indianstudentsusa #indianstudentsinusatelugu #indiastudentusa #indianstudentsinusadeath #indianstudentsinusauniversities #NiveshMukka #GouthamParsi #ArizonaStateUniversity #Oneinda #Oneindia news <br/>~HT.99~PR.152~ED.155~")
⏲ 2:7 👁 1.7M
_argentina-protests-massive-protests-over-education-cuts-under-new-president-milei-124-oneindia.webp "According to protest organisers, hundreds of thousands of Argentines flooded the streets to express their outrage over cuts to higher public education under the newly elected President Javier Milei. Students, professors, parents, and alumni from the country's 57 state-run universities rallied together on Tuesday, uniting in defence of free public university education amidst the economic turmoil plaguing South America. Joined by labour unions, opposition parties, and private universities, the demonstrations spread from Buenos Aires to major cities like Cordoba, marking one of the largest protests against the austerity measures implemented since Milei assumed office in December. While police estimated around 100,000 participants in the capital alone, organisers claimed the number soared closer to half-a-million, effectively paralysing the city centre for hours. <br/> <br/>#ArgentinaProtests #EducationCuts #PresidentMilei #ArgentinaEducation #Protests #HigherEducation #PublicEducation #BudgetCuts #EducationReform #StudentProtests<br/>~HT.178~PR.152~ED.194~GR.123~")
⏲ 3:1 👁 1.1M
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