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Why One of the Most Selective Scholarship Programs Could Shut Down

EdSurge Podcast

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The Schwartzman Scholarship

Stephen Schwartzman created a scholarship that sends post-graduates to China for study. Phil Knight from Nike also came the Knight Hennessy, which was created by Stanford's then president. Eric Schmidt of Google has this new one called the Quad. All have endowment value fluctuating with market; they can more easily ride it out.

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