Peace Prize Funds College Scholarships

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The money associated with President Obama’s somewhat controversial Nobel Prize will go mostly to fund college scholarships. All Nobel Prize awards come with a $1.4 million check.

The White House announced yesterday that charities receiving the Nobel money include the Posse Foundation, the United Negro College Fund, the Hispanic Scholarship Fund, the Appalachian Leadership and Education Foundation, the American Indian College Fund, and College Summit.

“These organizations do extraordinary work in the United States and abroad helping students, veterans and countless others in need,” said Obama. “I’m proud to support their work.”

Money for college scholarships. Well I guess that’s one way to help “reach for the world that ought to be — that spark of the divine that still stirs within each of our souls.” It’s probably not the most direct tactic, however.

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Daniel Luzer

Daniel Luzer is the news editor at Governing Magazine and former web editor of the Washington Monthly. Find him on Twitter: @Daniel_Luzer