We all know the cost of a traditional four year college education is mind-numbing with the average cost reaching almost $100,000 for a Bachelor's Degree... never mind a Master's or a Doctorate. For the lucky few who graduate at the top of their class, scholarships can pay for most if not all of that cost, but for others, student loans offer the only viable alternative... that is unless you happen to go to high school in Kalamazoo, Michigan.
Thanks to a mysterious group of anonymous donors every student who graduates from either of Kalamazoo's high schools and attends a public university in the state of Michigan receives a free college education. The "Promise Scholarship" offers students of all income and academic standings the same deal... graduate high school and stay in-state and you get a free ride!!
The reasoning behind this tuition jackpot is that the group of donors feel that the best financial investment in a community is in the education of its young people. According the superintendent of Kalamazoo while other cities are investing in businesses and giving tax breaks to the wealthy, Kalamazoo believes that the value of an educated society far exceeds anything a simple tax break can provide.