How one African school gets kids into top US universitiesCNN Money.
The boarding school – home to about 200 predominantly underprivileged students in grades 7 to 12 – was founded in 2009 by an American hedge fund manager, Jonathan Starr. Starr left his job in finance to do something different. A family connection led him to Somaliland, a self-declared independent state in Somalia that is still recovering from decades of civil war and a severe drought.
Starr said the majority of students receive full scholarships that also cover living expenses. His students have been granted more than US$12 million in scholarships already, an impressive sum when you consider that the school has received about US$3 million in funding from Starr, his friends on Wall Street, and the United States Agency for International Development. "People say a lot of bad things about Wall Street and hedge funds. It's mostly them [that are supporting the school]," said Starr.
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