An Iowa Carpenter Sent 33 People To College With $3 Million Of His Own Savings

"He wanted to help kids that were like him."

33 college students had their tuition paid thanks to an Iowa carpenter who they never met.

Dale Schroeder, who died in 2005, told his lawyer that he wanted to spend his savings to send poor kids to college just before he died. When his lawyer asked him how much money he had saved up, the number floored him: $3 million.


"I said, 'How much are we talking about, Dale?'" Steve Nielsen, his lawyer, told KCCI. "And he said, 'Oh, just shy of $3 million.' I nearly fell out of my chair."

Over the 14 years since his death, Schroeder's $3 million has paid for 33 low-income Iowan students to go to college, Newsweek reported.  

"He wanted to help kids that were like him," Nielsen said, "That probably wouldn't have an opportunity to go to college but for his gift."

One student, Kira Conrad, told KCCI that Nielsen called her to let her know she'd be receiving $80,000 for her scholarship. 

"I broke down into tears immediately," she told Newsweek. "For a man that would never meet me, to give me basically a full ride to college, that's incredible. That doesn't happen."

Cover photo: Shutterstock / Syda Productions


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