_how-one-billionaire-lost-millions-and-left-underserved-scholarship-students-in-limbo.jpg "How One Billionaire Lost Millions And Left Underserved Scholarship Students In Limbo from low class girl ভিডিও নায়িকা মাহিয়া মাহি ভিডিও Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 20:9
👁 View: 1.2M times
✓ Published: 25-Apr-2024
👁 View: 1.2M times
✓ Published: 25-Apr-2024
Description:
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.
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.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_mercedes-benz-g580-with-eq-technology-edition-one-design-preview.webp "With the all-new Mercedes-Benz G 580 with EQ Technology, the brand with the three-pointed star presents the first fully electric variant of its off-road icon. It symbolises the fusion of tradition and progress like no other. The all-new electric G-Class remains true to the model’s character, retaining its angular silhouette including all iconic elements. Like the conventionally powered variants, its body is built on a ladder frame. The development team has modified and reinforced this to integrate the electric drive. Also retained is the combination of independent front suspension with double wishbones and newly developed rigid rear axle. The high-voltage lithium-ion battery integrated into the ladder frame ensures a low centre of gravity. With its usable capacity of 116 kWh, it provides sufficient energy for ranges of up to 473 kilometres according to WLTP.<br/>The four individually controlled electric motors located near the wheels develop a maximum total output of 432 kW. Together with the selectable LOW RANGE off-road gear reduction, they enable unique driving characteristics and exclusive functions. This allows G-TURN to turn the vehicle almost on the spot on loose or unpaved surfaces. The G-STEERING function can deliver a significantly smaller turning circle when driving off-road. The three-speed intelligent off-road crawl function is like cruise control for off-roading – maintaining optimum propulsion while the driver focuses on navigating the terrain.<br/>Like the tried-and-tested variants, the all-new Mercedes-Benz G 580 with EQ Technology has a gradeability of up to 100% on suitable surfaces. The vehicle remains stable on sideways slopes of up to 35 degrees. With a maximum fording depth of 850 millimetres, the electric G‑Class outperforms its conventionally powered counterparts by 150 millimetres. The LOW RANGE off-road gearing increases propulsion with a special reduction ratio. The all-new model generates the function of conventional differential locks virtually using intelligent torque vectoring. G-ROAR brings a unique sound experience to the all-new electric G-Class. In addition to a characteristic, G-Class-specific driving sound, it includes one “aura” sound and a variety of “event” sounds.")
_river-tyne-could-be-used-to-heat-homes.webp "City leaders are currently exploring plans that would see water from the Tyne used to provide low-carbon heat and hot water to new homes that will be built in the Forth Yards area of Newcastle.")
_how-to-get-all-4-secret-legendary-pokmon-in-pokmon-scarlet-and-violet.webp "Finding all the Black Ominous Stake in Pokemon Scarlet and Violet can be a real hassle! That's why we've located all of them for your viewing pleasure and even thrown in some help with all the Ruinous Legendary Pokemon Chien-Pao, Ting-Lu, Wo-Chien and Chi-Yu. When it comes to finding all these Pokemon the stakes are high ... and low and sometimes really hidden.")
_suicide-squad-kill-the-justice-league-review.webp "Maybe its because we had low expectations but we really enjoyed playing Suicide Squad: Kill the Justice League. It's definitely not an Arkham game but if you want a fun, bright superhero romp then this might be just the best game to play.")
_hundreds-of-thousands-protest-against-colombian-president.webp "Huge crowds take to the streets of Bogota in Colombia to protest against the left-wing government of Gustavo Petro, whose popularity is at an all-time low.TO COMPLETE 34PW4QG")
_the-92.webp "'Keepers' of the river Seine, Jacques and Marie Jeanne, are concerned about the river's low level at its spring in Source-Seine. According to the latest study by BRGM (the French geological and mining research bureau), almost three quarters (72%) of France's water tables remain at insufficient levels.")
_biden-looks-to-energize-young-voters-with-earth-day-solar-energy-grants.webp "Biden Looks to Energize , Young Voters With Earth Day , Solar Energy Grants.<br/>Biden Looks to Energize , Young Voters With Earth Day , Solar Energy Grants.<br/>NBC reports that President Joe Biden will mark <br/>Earth Day with the announcement of $7 billion <br/>in federal grants for residential solar projects.<br/>NBC reports that President Joe Biden will mark <br/>Earth Day with the announcement of $7 billion <br/>in federal grants for residential solar projects.<br/>The grants will bring solar energy <br/>to over 900,000 households in both <br/>low- and middle-income communities. .<br/>According to senior administration officials, the <br/>projects receiving additional funding will reduce emissions <br/>by 30 million metric tons and save $350 million every year. .<br/>According to senior administration officials, the <br/>projects receiving additional funding will reduce emissions <br/>by 30 million metric tons and save $350 million every year. .<br/>NBC reports that solar power has gained <br/>traction as a clean energy source that could <br/>help reduce U.S. reliance on fossil fuels.<br/>However, the high cost of initial installation <br/>makes solar energy inaccessible <br/>for many households in the U.S.<br/>However, the high cost of initial installation <br/>makes solar energy inaccessible <br/>for many households in the U.S.<br/>49 of the new grants will be awarded at <br/>the state level, six more will serve Native American <br/>tribes and another five are multi-state awards.<br/>The grants will be used for renewable <br/>investments that include rooftop solar <br/>and community solar gardens. .<br/>The grants will be used for renewable <br/>investments that include rooftop solar <br/>and community solar gardens. .<br/>Officials say that the latest environmental <br/>announcements are part of an effort to energize <br/>young voters ahead of his upcoming reelection campaign.<br/>Biden also reportedly plans to expand the <br/>American Climate Corps green jobs training program, <br/>which was created last year by executive action. .<br/>Biden also reportedly plans to expand the <br/>American Climate Corps green jobs training program, <br/>which was created last year by executive action. .<br/>The corps, which will offer nearly 2,000 positions across <br/>36 states, is meant to offer young Americans the chance <br/>to help enact the Biden administration's climate agenda. .<br/>The corps, which will offer nearly 2,000 positions across <br/>36 states, is meant to offer young Americans the chance <br/>to help enact the Biden administration's climate agenda.")
_awani-tonight-better-teacher-training-needed-for-primary-education-world-bank.webp "A World Bank report highlights the need to revamp teacher training and preparedness to address low learning outcomes in primary education.<br/><br/>#AWANITonight<br/>")
_mercedes-benz-g580-with-eq-technology-edition-one-design-preview.jpg)
_river-tyne-could-be-used-to-heat-homes.jpg)
_how-to-get-all-4-secret-legendary-pokmon-in-pokmon-scarlet-and-violet.jpg)
_suicide-squad-kill-the-justice-league-review.jpg)
_hundreds-of-thousands-protest-against-colombian-president.jpg)
_the-92.jpg)
_biden-looks-to-energize-young-voters-with-earth-day-solar-energy-grants.jpg)
_awani-tonight-better-teacher-training-needed-for-primary-education-world-bank.jpg)
![[+]](/images/menu.gif){kind=small}