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Did You Know #10: Ask For a Penny - Pay For College
posted to General Discussion
in CafeMom Back to School
on Aug. 21, 2008 at 7:30 PM
- 26 Replies
- 395 Total Views
In 1987 Mike Hayes of Rochelle, Illinois, came up with a novel way to pay for college. As a freshman at the University of Illinois, he wrote to Chicago Tribune columnist Bob Greene, asking for his help in raising $28,000 by soliciting donations of a penny from each of his readers. Hayes figured everyone would be willing to spare a penny, and if he could find a way to convince 2.8 million people to each send him one, he could pay for school.
Amused by Hayes's creativity, the columnist agreed to go along with the idea, and in his September 6 column, he shared the student's story and told readers where to send donations. Within a month, the "Many Pennies for Mike" fund had raised more than $23,000, with donations from every state in the United States, ranging from 1 cent to $100. Hayes eventually reached his goal and went on to earn a degree in food science, financed by the spare change of Chicago Tribune readers.
Replies:
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- by on Aug. 21, 2008 at 7:32 PM
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WOW now that is a cool way to pay for college!
A new meaning for "Penny for your thoughta"
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- by on Aug. 21, 2008 at 7:35 PM
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Thats cool.... Why didnt I think of that.. lol...
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- by on Aug. 21, 2008 at 7:42 PM
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Wish my oldest would have thought of that. She starts college on Monday.
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- by on Aug. 21, 2008 at 7:47 PM
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that's one way of getting your college money lol.. thats a good idea.
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- by on Aug. 21, 2008 at 7:53 PM
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The sad part is...if that were to take place in today's society he would not have received 1/2 of that.
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