David Leonhardt of the New York Times detailed the new initiative led by Bloomberg Philanthropies to get low-income students through college. Today, only one in three top-performing students from the bottom half of the income distribution attends a college with a high (+70%) graduation rate. Within five years, the coalition's goal is to get at least half of low income students into these schools.
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For high-achieving, low-income high school students, QuestBridge was founded to promote attendance at the nation's top colleges. As reported by the New York Times's David Leonhardt, QuestBridge guarantees a scholarship for four years, not just one. This makes a world of difference for low-income students seeking to attend college. 
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