comparemela.com

Latest Breaking News On - ஹெர்ஷே பள்ளி - Page 1 : comparemela.com

Sold On The Promise Of A College Education, Some Former Milton Hershey School Students Ended Up With Debt, Hardships

Hershey profits benefit a boarding school that spends lavishly on its low-income students. But that investment comes with strings attached leaving some students behind and others mired in debt.

America s Richest School Serves Low-Income Kids But Much Of Its Hershey-Funded Fortune Isn t Being Spent

Photo illustration by ProPublica; source image: Milton Hershey School, MHS 2018 IRS Form 990 Long ago, and to great fanfare, business tycoon Milton Hershey revealed that he had given away his world-famous chocolate company, a gift to the school for poor orphans that he had founded with his wife. “Well, I have no children that is, no heirs,” he said in 1923. “So I decided to make the orphan boys of the United States my heirs.” Hershey died in 1945, leaving a huge estate and a company that would grow to sell more than 250 million candy bars a year. His generosity, however, has created a dilemma for the Milton Hershey School that many charities would envy: too much money.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.