Academic Exercises

Observers ask tough questions about the potential for success of the Gates Foundation's $1-billion scholarship program

The Bill & Melinda Gates Foundation's promise last month to give $1-billion over the next 20 years to help at least 20,000 minority students attend college is a landmark in philanthropy: No other donor has ever made such an ambitious commitment to help minorities attain college and graduate degrees.

The pledge also shows how the

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