Gates Foundation Announces First Grants in New Program on College Completion

The Bill & Melinda Gates Foundation announced today $69-million in grants to kick off its effort to double the number of low-income young people who complete a college degree or certificate program by age 26.

The 22 grants will primarily go to universities, research centers, scholarship providers, and charities that work with youths—but most of the funds will eventually flow through to higher-education institutions, especially community colleges.

"We feel that

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