Iowa Man Used His Life Savings to Send 33 Strangers to College

An Iowa man, Dale Schroeder, used his life savings to send 33 students to college. Dale Schroeder was a simple, humble man from Iowa, who ended up changing the lives of 33 people forever. Schroeder worked as a carpenter at the same company for 67 years. He grew up poor and had no wife or children of his own. CBS News reports:

Schroeder had saved up a fortune over the years. He had no living descendants, so before he died, he went to his lawyer with a plan for his money.

“He said, ‘I never got the opportunity to go to college. So, I’d like to help kids go to college,'” Nielsen said. Not only did Schroeder have enough money to send a few kids to college, he had enough saved to send dozens.

“Finally, I was curious and I said, ‘How much are we talking about, Dale?’ And he said, ‘Oh, just shy of $3 million.’ I nearly fell out of my chair,” Nielsen remembered.

Schroeder’s friend was shocked by his secret fortune. So were the strangers who received pieces of it.