Jeff Bezos Donates $33 Million to Scholarship Fund for 'Dreamers'

"Jeffrey P. Bezos, founder of Amazon and owner of The Washington Post, announced Friday that he is donating $33 million to a scholarship fund for young 'dreamers,' immigrants brought to the United States illegally as children," The Washington Post reports. 

"The donation from the world’s wealthiest person comes amid fresh pressure from business leaders as talks on Capitol Hill over how to resolve the legal status of dreamers are foundering. The White House and some GOP lawmakers rejected a tentative deal from a bipartisan Senate group on Thursday — the same day President Trump made incendiary remarks about people from developing countries.

Bezos, who is the richest person in the world, and his wife, MacKenzie, will be donating the sum to TheDream.US, a scholarship program that has awarded more than 1,700 immigrants more than $19 million in financial assistance since it launched in 2014.

The money will help fund 1,000 college scholarships and is the largest donation yet to a fund established by Donald E. Graham, the former publisher of The Post who sold the company to Bezos in 2013.

Graham launched TheDream.US with Henry R. Muñoz III, the finance chairman for the Democratic National Committee, and Carlos Gutierrez, who served as commerce secretary under President George W. Bush.

...Trump plans to phase out the Deferred Action for Childhood Arrivals program in March unless Congress replaces it. The Obama-era program provides temporary legal protections to roughly 700,000 dreamers.

Democrats, under intense pressure from immigrant advocates, are trying to use their leverage to force a long-sought immigration deal as part of talks to keep the government open beyond a Jan. 19 spending deadline.

In a bid to bolster the negotiations, more than 100 corporate leaders this week co-signed a letter to Congress calling for immediate legal relief to dreamers. The corporate leaders said, 'The imminent termination of the DACA program is creating an impending crisis for workforces across the country.'

Bezos co-signed the letter along with tech titans Mark Zuckerberg of Facebook, Tim Cook of Apple and top leaders from General Motors, AT&T, the Gap, Target, Starbucks, Johnson & Johnson, Warby Parker, Uber, Lyft and others. Pressure from top business leaders could pay dividends in the closing days of the high-stakes negotiations that party leaders believe could lead to an agreement soon."

NASFAA's "Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.


Publication Date: 1/17/2018

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