JOURNAL ARTICLE

Fighting the debt crisis for up to 50,000 minority students, investment giant Fidelity commits $250 million.

  • Published In: Fortune.com, 2023. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Gamboa, Glenn 3 of 3

Abstract

Fidelity Investments has launched the Invest in My Education program, committing $250 million to support up to 50,000 underserved minority students through scholarships and mentorship over the next five years. The initiative aims to improve graduation rates and help students complete their education debt-free, addressing systemic barriers faced by these communities. Fidelity is partnering with organizations like UNCF to provide comprehensive support, particularly targeting students who may not excel academically but are determined to succeed. The program emphasizes mentorship, with Fidelity employees volunteering to guide students, reflecting a commitment to fostering economic mobility and generational wealth. [Extracted from the article]

Additional Information

  • Source:Fortune.com. 2023/01, pN.PAG
  • Document Type:Article
  • Subject Area:Education
  • Publication Date:2023
  • Accession Number:161366417
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