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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
- 388 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. 22, 2008 at 11:01 AM
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wow....just goes to show ....every LITTLE bit helps........it really does!
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- by on Aug. 24, 2008 at 4:52 PM
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okay so everyone send me a penny - I've got 3 kids to finance for college - the oldest is going into the 5th grade so PM me for my address and lets see how much we can raise.
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- by on Aug. 24, 2008 at 6:52 PM
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Well that's impressive! I live a hop, skip, and a jump from Rochelle and this is the first time I've heard of that! Great idea though!
Proud homeschooling mommy!
Welsey (age 5), Austin (age 4), and Reagan (age 2)
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- by on Aug. 24, 2008 at 6:56 PM
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OK ME TOO I HAVE 5 CHILDREN WITH 2 OF THEM GOING TO COLLEGE IN 4 YEARS PM ME ALSO.....THANK YOU!! LOL
Quoting toady07:
okay so everyone send me a penny - I've got 3 kids to finance for college - the oldest is going into the 5th grade so PM me for my address and lets see how much we can raise.
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