Latino educational nonprofit receives historic $10M from billionaire philanthropist MacKenzie Scott, ex-wife of Amazon founder Jeff Bezos. - NBCLatino
“It was very powerful, after years of hard work," said Excelencia in Education co-founder and CEO Deborah Santiago. “To see this validation for our community, that was powerful.”Jeff Greenberg / Universal Images Group via Getty Images fileA prominent national nonprofit that measures how successful colleges and universities are in graduating Latinos is one the recipients of historic funding from billionaire philanthropist MacKenzie Scott, ex-wife of Amazon founder Jeff Bezos.
College enrollment among Latino students has been increasing over the past decade, reaching a record high in 2017. But. At least 22 percent of Latino adults have earned an associate degree or higher, compared to 39 percent of the general population. Some of the barriers preventing Latinos from finishing college includes the high tuition costs, a limited knowledge of college, and trying to balance work, family and academics.
The donation is “invigorating," — we're a small nonprofit and it is not easy to get resources, much less unrestricted resources," Santiago said.
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