Bloomberg Philanthropies Supports Effort to Enroll More Low-Income Students at Top Universities
A new effort to enroll low- and moderate-income undergraduates at colleges and universities with high graduation rates is being announced today in an attempt to have more students from modest backgrounds graduate from prestigious campuses seen as opening doors to top careers.
The effort, called the American Talent Initiative, aims to add 50,000 highly qualified students from modest backgrounds to campuses with high graduation rates by the year 2025.
A group of 30 colleges and universities have signed on to the initiative, which is being coordinated by the nonprofit Aspen Institute’s College Excellence Program and Ithaka S+R. Bloomberg Philanthropies is providing $1.7 million over two years to start the project, money that won’t go directly to colleges and universities but will be used to fund research on their efforts and related activities.